Interest Rates Will "Begin" to Rise: NYT Gives Pretty Questionable Investment Advice

Paul Sullivan gave NYT readers some pretty bizarre investment advice in his "Wealth Matters" column. He noted the Fed's announcement that it would begin to cut back on its quantitative easing (QE) program, telling readers:

"Bonds are one area of concern. Since interest rates on fixed income, particularly benchmarks like 10-year United States Treasury notes, fell so much over the last few years, the view is they will begin to rise as the Fed ends its bond-buying program and the economy improve...