Interest rates have been at record low levels for over five years, but an interest rate hike in the near future is inevitable and investors need to protect portfolios against it.
One of the best ways to play this theme in the bond space is through floating rate notes, according to John Redding (pictured), vice president and portfolio manager at Eaton Vance Investment Managers.
In this video, Redding tells Investment Week about the strategy he runs, and how it can protect investors when interest rates eventually begin to rise.
