Federal Reserve Policy & Your Portfolio, CNNfn.

Publication: Finance Wire

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Original Source: YOUR MONEY

ALI VELSHI, CNNfn ANCHOR, YOUR MONEY: Well, while Google`s pending IPO has grabbed the attention of investors, so has the recent rise in interest rates. Federal Reserve policymakers will have something to say about that following their next meeting, which is week.

Now, how might their comments and actions affect your portfolio? And should you do anything as a result?

John Miller joins us from Chicago to discuss this. He`s a portfolio manager with Nuveen Investments, where he runs the Nuveen High Yield Muni Bond Fund.

John, good to see you.

JOHN MILLER, NUVEEN INVESTMENTS: Thank you very much.

VELSHI: John, let`s put this whole thing into perspective. One of the things that`s been weighing on markets in the last several weeks, causing, in fact, some down markets on very heavy volume, is the anticipation that interest...

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