Rising Interest Rates, Falling Bonds and a Possible Way Forward

Bonds aren’t offering the stability they used to, so if you’re looking for an alternative, here’s one possibility to consider.

An overview of a bar chart with people standing at the tops of the bars. Some bars are taller than others, and one person falls short.
(Image credit: Getty Images)

As interest rates rise, are you wondering if the bonds in your portfolio are still the wise investment you once thought?

If you are having second thoughts about bonds, you aren’t the only one. In the latter part of 2021, even Bill Gross, known as the “Bond King,” said that bonds belong in the “investment garbage can.”

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way.


This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Kurt Fillmore, Investment Adviser
Founder and President, Wealth Trac Financial

Kurt Fillmore is founder and president of Wealth Trac Financial, an independent financial services firm based in Bingham Farms, Michigan, specializing in customized wealth management and retirement planning. He is an Investment Adviser Representative and licensed insurance professional.