It's time to get out of bonds, strategist Dan Deighan of Deighan Financial Advisors says. The...

|By:, SA News Editor
It's time to get out of bonds, strategist Dan Deighan of Deighan Financial Advisors says. The economy may be able to withstand the coming rise in interest rates, he says, but "there is going to be a meltdown in the bond market." Presently, March 30-year bonds are +0.22% at 115-08. The rest of the curve is flat.