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.
Screening for high levels of excess capital is a good starting point for finding winners—but persistent stock picking comes from fundamental analysis to identify companies that best use their dry powder.
China’s DeepSeek breakthrough shocked the markets, but some in the AI industry took it in stride. When you peek under the hood, there’s plenty of good news.
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.