Short-Duration High Income Bonds as a Defensive Building Block: Portfolio Manager Jim Dudnick discusses where and when to consider short-duration high yield.

Highlights from the week of October 18 – October 24, 2024.

In a resilient growth environment with inflation trending downward, any short-term volatility from the market’s reaction to monthly data is likely an opportunity to buy.

The countdown has begun! The next time you read these talking points (hopefully that is not being overly presumptuous), we will have – at least in theory – a new president and freshly established majorities in Congress.

Disinversion through an LDI lens.

As we head into the final stretch of hotly contested races up and down the ballot, our experts convene for civilized discourse on what matters to markets...

With tight spreads and a steepening yield curve, we see the most value in lower-beta spread products and high-quality securitized assets.

As demand from banks and other real money investors returns (and money market demand wanes), agency mortgage-backed securities are poised to benefit. 

Cash has a place in portfolios, but bonds are a better choice for locking in yields, boosting return potential and providing diversification benefits.

While recent cracks in consumer spending bear monitoring, consumers (and the fixed income sectors they help propel) are still well positioned.