Should You Worry About Rising Rates?

(Most bond prices sink when interest rates rise and vice versa.) The recent rise in U.S. long-term interest rates blew in suddenly enough for headline writers to dust off fraught phrases such as "bond rout", "investor boycott" and "tantrum." You can copy it with a combination of a high-yield muni fund such as NUVEEN HIGH YIELD MUNICIPAL (SYMBOL NHMRX) and an actively managed high-grade muni fund, such as BAIRD STRATEGIC (BSNSX) or FIDELITY INTERMEDIATE-TERM MUNICIPAL INCOME (FLTMX). [Extracted from the article]