Revisiting MLP Performance as Interest Rates Rise

As the 10-year Treasury yield rises to levels not seen in years, it is worthwhile to revisit MLP performance in rising interest rate environments, and particularly how MLPs have performed compared to other yield-oriented investments. Specifically, we look at how MLPs have performed in rising rate environments since 2013 and key differences with the current environment that could have a bearing on MLP performance as rates increase.