Predictable income sounds simple until interest rates start moving. A bond that looks attractive today may mature when yields are much lower, while locking everything into long-term securities can leave
When economic growth starts losing momentum, bond investors face an interesting question: should they move toward safer government bonds or continue holding corporate debt for the additional yield? The answer
Corporate bonds often offer higher yields than government bonds, and that extra income can look attractive. But the additional yield is not free money. Investors are being compensated for accepting
Bond returns are not driven only by whether interest rates go up or down. What matters just as much is where those rate changes happen along the maturity spectrum. A
