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Byline: Jeff Brown
Stock market investors were thrilled by reports last week indicating the Federal Reserve is at or near the end of its rate-hiking cycle, which began in June 2004.
The news also is good for fixed-income investors who have been tempted by the rising yields on bonds and bank certificates of deposit, but worried about getting in before the rate hikes end.
So what's the best way to play the current situation?
Jittery investors can afford to wait. The Fed's next rate meeting is May 10, and the Fed's views should be clear then.
You won't miss much interest income by waiting that much longer to buy your bond, bond fund or CD.…
Source: HighBeam Research, Investors can wait for Fed's, but there's little risk in moving now.