Rising interest rates indicate that the Fed’s regaining confidence in the US economy. But, tightening monetary policy can have an adverse affect on fixed income investments, as rising rates hurt bond values.

So this week, I sat down with my colleague, and The Oxford Club’s Bond Strategist, Steve McDonald to discuss his forecast for 2017.

 Steve explains the bond cycle that’s finally normalizing after 8 years gone awry, and reveals the reason he’ll be happy to see Treasury bonds sell-off in 2017.

If you’re a bondholder looking to lock-in value and ride out this year’s impending volatility, it’s an episode you won’t want to miss.