The bond market has been in hibernation for months, and investors may have become complacent about risks.
There are multiple factors to consider, including your tax rate.
Although the prospect of the Federal Reserve tapering its bond purchases has unsettled markets in the past, we expect it to be more orderly this time around.
Stocks, bonds, commodities, and other asset classes each play a unique role in your portfolio.
The steep drop in yields has defied conventional wisdom.
Drought and severe heat could have negative effects on some municipal bond issuers, but we believe most will manage through it.