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Plosser Gives More Evidence Rates Rising

|Includes:PowerShares Senior Loan Portfolio ETF (BKLN), SNLN, SRLN

The Fed's Plosser pointed to fed funds rates rising as high as 3% in 2016. This is a fantastic scenario for floating rate and short duration fixed income.

Recommend: BKLN, SRLN, SNSN

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.