December 3, 2013
The conventional wisdom in the investing world expects interest rates to rise over the next two to three years. However, the conventional wisdom ignores that there are some very important reasons to believe global interest rates could remain low for much longer than many people anticipate.
Read about our views on global interest rates, and why we believe rates will remain low for a long time in the full commentary on oppenheimerfunds.com.
Fixed income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall, and a fund’s share prices can fall. Investments in below-investment-grade (“high yield” or “junk”) bonds are more at risk of default and are subject to liquidity risk. Diversification does not guarantee profit or protect against loss.
These views represent the opinions of OppenheimerFunds and are not intended as investment advice or to predict or depict performance of any investment. These views are as of the open of business on November 8, 2013, and are subject to change based on subsequent developments.
Carefully consider fund investment objectives, risks, charges and expenses. Visit oppenheimerfunds.com, call your advisor or 1.800.225.5677 (CALL-OPP) for a prospectus with this and other fund information. Read it carefully before investing.
Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc. Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc. OppenheimerFunds Distributor, Inc. is not affiliated with Advisor Perspectives.
© 2013 OppenheimerFunds Distributor, Inc. All rights reserved.