How to Hedge Against Rising Interest Rates

How to Hedge Against Rising Interest Rates

Question: I have a monthly adjustable rate mortgage on some rental property I own. Instead of refinancing to a fixed rate, I’d like to figure out some ways to hedge the current and potential increase in interest rates with futures or investments. What options might I have, what are the pros and cons of those options, and what might be the best strategy, all things considered? I’m considering inverse bond ETFs. —M.K.

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