Higher Treasury yields have pushed bond prices lower, leaving many investors with losses — and a possible tax break, experts say.
Selling an investment at a loss may be used to offset capital gains elsewhere in a taxable brokerage account, which is called “tax-loss harvesting.”
Investors using this tax strategy should avoid the IRS wash-sale rule and make sure any trade still fits their long-term financial goals.
CNBC’s Sharon Epperson explains the latest.
