The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.

We just saw yields on 10-year Treasury bonds hit their lowest point ever -- 1.642%. Depending on your position, this can be a good thing or a bad thing. Borrowers including folks looking to take out or refinance a mortgage, companies looking to float debt, and banks looking to fund operations benefit greatly. Lenders, including the banks on the other side of the mortgage transaction and individual savers looking for safe places to earn income, aren't so lucky. The key for all these parties is to invest with the possibility of rising interest rates in mind. This includes not chasing higher-yielding exotic instruments. Anand explains in the video.

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