Fixed Income

Brian Andrew, the recently appointed chief investment officer at Merit Financial Advisors, provides a peek inside the $10 billion RIA’s model portfolio.

All eyes are on the Federal Reserve and the timing of rate cuts.

In November, municipal bonds gained 6.35%, their best single month since August 1982. In January, munis posted a loss of 1.05%.

Frequent market gyrations are A-OK with bit asset managers.

The end of the low interest-rate era has coincided with both the public and corporate sectors pulling back on efforts to be virtuous.

Balanced portfolio construction will likely prove fruitful in 2024.

The rebound in Treasury yields to start the year comes after bonds rallied sharply in the last two months of 2023 on signals that the Fed is pivoting toward more dovish monetary policy.