INVESTING: Rising rates could create opportunities for profit
Interest rates are interesting, right? Well, to a market geek like me, maybe. I know the rest of you take a glancing look at borrowing costs maybe once a month, and you might have even stopped doing that, given that rates have been pretty much unchanged over the past year and a half. A quick bond primer: When you watch CNBC and someone says bonds are falling, that means interest rates are rising, which causes bond prices to fall. When…