Taxable Fixed Income 2nd Quarter 2017 Commentary
July 18, 2017
This commentary reviews the previous quarter and discusses our outlook for the months ahead.
- The market continued to coast on generally positive indicators, with both stocks and bonds putting up positive numbers.
- Central banks globally have kept rates low and balance sheets large, and we have adjusted our portfolios to the expectation that yields will remain range bound in a slow growth environment.
- Rates and volatility remained relatively low, and we believe taxable municipals and preferred securities may provide diverse sources of yield.
Please click here to read the commentary.