Bond prices typically fall when interest rates rise because, even when the bonds held by a fund continue making their scheduled coupon payments, their market value declines. Municipal bonds are subject to the same dynamic.
I put out calls to traders and managers I know on Wall Street to get their take on the recent economic data. This is data the Federal Reserve also uses to make
I’m looking at a chart comparing bond yields correlated to the US economy. Right now, there are extreme readings in a pattern not ever seen. Usually, as the
It’s rare to see two bad years in a row. I have a hunch that 2023 may rhyme with 2009. Bear markets don’t usually last longer than a year. A spectacular
