Fixed Income

Read our views on trends in the fixed income market affecting bonds, CDs, and money markets.

Fixed Income content

Bond Insights

The bill contains several tax-code changes that could affect municipal bonds, although we don't think it reduces the appeal of munis for high-income earners.
Couple walking in the rain under an umbrella
Market Outlook

Bouts of volatility may continue in the second half of 2025 as bond market investors navigate evolving tariff policy, U.S. government debt, and economic uncertainty.
man and woman looking at a laptop at a table at a restaurant
Bond Insights

Residential mortgage-backed securities, or MBS, are a big part of the securitized investment market. Here's what to know about MBS investing.
Bond Insights

Discounted municipal bonds could expose you to unexpected taxes. Here's what to know before you buy.
world flags
Bond Insights

Historically the United States dollar strengthens when U.S. Treasury yields rise. But the reverse happened in April after the White House announced widespread tariffs.
abstract art of three silver cubes against a white background
Bond Insights

Markets were rattled by tariff announcements in early April. Here are three takeaways for investors considering preferred securities, investment-grade and high-yield corporate bonds.
Bond Insights

Reviewing the basics can keep you from being caught off guard if your investment is returned to you before the stated maturity date.
screenshot of market chart

Market volatility is likely to rise as investors digest the president's plans.
Rock climber
Bond Insights

The combination of slowing economic growth and stubborn inflation, combined with uncertainty about U.S. tariff policy, is keeping investors cautious.

Find Fixed Income content