As the fruitless debt-ceiling negotiations make a U.S. default ever more likely, planners face a question: Should they recommend that concerned clients shift their assets or, even more boldly, short U.S. Treasuries?

The answer is that advisors should be prepared, but not necessarily make a dramatic move, said Laura LaRosa, director of fixed-income management at Philadelphia-based wealth manager Glenmede.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access