Posts from the ‘Fixed Income’ category

From the Desk of Risk: Cloudy with a Chance of Higher Rates



The reason meteorologists aren’t held accountable for their rain or snow predictions is that weather forecasts are made in terms of probability statements rather than absolute outcomes.  This is why we forget the thunderstorms that failed to materialize and forgive the snowstorms that nobody…

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Does Duration Matter in High Yield Investing?



The use of the term duration has successfully been adopted by the high yield investment universe over the past few of years.  Why? Because all else being equal, lower duration means lower interest-rate risk. And the number-one concern for fixed income investors over the past several years has been…

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