Reasons to Keep It Short With Junk Bond Exposure
September 29, 2021 at 10:00 AM EDT
With the Federal Reserve apparently eyeing a 2022 interest rate increase, fixed income investors are once again contending with curveballs from the U.S. central bank. The lay of the bond land in 2021 is a vexing cocktail of low interest rates, depressed credit spreads, and the specter of a looming...