For Advisor Use Only
What to watch in the year ahead.
As U.S. yields have risen, active management has been key. (Editor’s note: This podcast was taped prior to the latest U.S. Federal Reserve announcement. See the story for additional information and comments.) (Runtime: 2 min, 40 sec; size: 2.20 MB)
Tight U.S. credit spreads are beginning to widen as risk gets priced in.
Rising rates are less important to corporate bonds than potential tax reforms.
Consider intermediate-level bonds to increase yield.
This manager is cautious about two sectors.