Short-Duration High Income Bonds as a Defensive Building Block: Portfolio Manager Jim Dudnick discusses where and when to consider short-duration high yield.
While high starting yields should provide a buffer against potential volatility, credit selection will be critical as dispersion within and across sectors increases.
While high starting yields should provide a buffer against potential volatility, credit selection will be critical as dispersion within and across sectors increases.
Inflation is cooling, the economy is resilient and starting yields offer a cushion against further rate volatility—there’s a lot to like about fixed income in 2025.