Fixed Income

Read our views on trends in the fixed income market affecting bonds, CDs, and money markets.

Fixed Income

2026 Mid-Year Outlook: Municipal Bonds

In our view, municipal bonds may offer attractive tax-efficient income potential, though elevated supply, an uncertain rate backdrop, and issuer dispersion may pose risks.

Fixed Income

2026 Mid-Year Outlook: Taxable Fixed Income

For the bond market in the second half of 2026, income still matters, but investors should be selective. Now is not the time to favor long-duration investments.

Fixed Income

TIPS for Inflation Protection

Treasury Inflation-Protected Securities, or TIPS, can help buffer a portfolio against inflation. However, it's important to understand their unique characteristics and complex nature.

Stocks

What are Securities? Equity vs. Debt Investments

Equity securities and debt securities are common investment vehicles. Here's how securities work and how to use them in your portfolio.

Bonds

Fixed Income Market: Anchor in a Stormy Sea

While occasional bouts of volatility are likely, we expect the fixed income markets to provide ballast for portfolios and are likely to deliver solid returns in 2026.

Markets and Economy

The Bond Market in 2026: What Could Go Wrong?

We expect another generally good year for bond returns this year, but even the best-laid plans can go awry when circumstances change. Here are four risks to our outlook.

Bonds

Close Ties: Corporate Bond Yields and Returns

Investment-grade corporate bond yields remain attractive compared to recent history. And don’t forget that starting yields are often good indicators of future total returns.

Bonds

Bonds vs. Bond Funds: Which Is Right for You?

Not sure which to choose? Here are some things to consider about individual bonds vs. bond funds.

Bonds

Fixed Income: Frequently Asked Questions

Answers to questions investors are asking about Treasury bonds, tax policy, credit quality, and other issues affecting fixed income investments.

Bonds

Treasury Bond Markets: Seeking Higher Ground

The combination of slowing economic growth and stubborn inflation, combined with uncertainty about U.S. tariff policy, is keeping investors cautious.

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