Dollars tied to bond indexes face risk
2013 marked a watershed moment for index versus non-index sectors in fixed income. We see significant risk in the composition of the index.
Tag: Michael V. Salm
U.S. bond opportunities still stack up
We continue to be cautiously optimistic on the U.S. economy, which has been gradually improving. Clearly, there are a number of long-term fiscal issues that the federal government needs to address, including entitlement spending and the debt load overall. Nevertheless, the United States continues to be among the most attractive developed bond markets for investors.
Short maturity bonds rallied on Europe bank woes
Short-term income securities have attracted interest in recent months from investors seeking opportunities in a moderately growing U.S. economy, but concerned about risk spreading from Europe’s banking sector.