The fixed income market has recently seen some turbulence, but investors shouldn’t shun high-yield bonds — especially as they have been outperforming in recent years, according to asset management firm BondBloxx. All eyes have been on the Treasury market after yields jumped on Tuesday due to fears over inflation. The long-dated 30-year Treasury saw its …
Amid the markets’ twists and turns, BlackRock’s Rick Rieder believes “dynamic patience” has become essential for navigating the turbulence. The 10-year Treasury yield hit a new high for the year after wholesale prices for April came in hotter than expected on Wednesday. The benchmark Treasury touched 4.49%, its highest level since July 17. The Dow …
The market volatility may be leading retail investors astray. According to Kathmere Capital Management’s Nick Ryder, they shouldn’t use the current backdrop as an excuse to dive into defensive trades — including dividend-paying stocks and bonds. “Oftentimes, we just see too often people taking an income-focused approach, and it leaves a lot on the table,” …