Fixed Income ETFs in 2005

Watching the Yield Curve: Fixed Income ETFs in 2005

"One thing that most market watchers predict for 2005 is higher interest rates. Higher interest rates affect all ETFs, but none more directly than fixed income ETFs. In general, higher rates generally reduce the value of existing fixed income portfolios. Lower rates, in turn, generally boost the value of fixed income portfolios. However, rate changes affect neither all bonds nor all bond ETFs equally. Given an environment of rising rates, what fixed income ETFs can be expected to outperform in 2005?"