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Commentary

From "how" to "why now," here are four things investors should understand about bond investing.
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Bond Insights

Although investing in in-state municipal bonds may have tax advantages, there can be good reasons to buy out-of-state munis.

Emerging market (EM) countries are often generalized as all the same and driven by commodity prices. The reality can be very different. Here's what you should know about EM stocks now.
U.S. Federal Building
Bond Insights

Answers to questions investors are asking about Treasury bonds, tax policy, credit quality, and other issues affecting fixed income investments.

Israel-Iran hostilities brought a short-term market focus on oil. Longer term, artificial intelligence (AI) electricity needs could create a power shortage, as well as opportunities and risks for investors.
Bond Insights

Tax policy may continue to be a factor in the second half of the year, although Congress looks likely to maintain current tax brackets and the muni tax exemption.
Bond Insights

We continue to suggest an "up in quality" fixed income bias for the short run, but investors can still consider some of the riskier parts of the fixed income market in moderation.

What happens in global supply chains can provide insight into how tariffs and the trade war may affect economies around the world.
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.

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