By Kevin Flanagan
The current landscape for the fixed income arena can be defined by two key factors. The first, of course, is the current, as well as prospective, shape of the yield curve. The second is that, according to Federal Reserve (Fed) data, households have been stashing away large amounts of cash. These two forces have placed a premium on short-term government investments in bond-land, but instead of going into products that are fixed in nature, perhaps investors should look to floating rate strategies instead. Let's examine why.
When people talk about interest rates,