Fixed Income content
Local governments are proving more resilient than expected. Here’s what it means for munis.
Despite yields at near-historic lows, bonds can still be a bulwark against stock market declines.
We don’t believe 2021 will be as bumpy as this past year, and corporate bond investments appear relatively attractive today.
Given current low yields, some investors wonder whether bonds can continue to provide diversification in a portfolio. Here’s why those fears may be overblown.
While we have concerns about the loan market, we don’t believe the CLO market is putting the banking system at risk.
Despite massive fiscal and monetary stimulus, we believe there’s little risk of inflation in the next few years.