When professional investors discuss the credit market, a term that often arises is duration, which is used to measure the sensitivity of a bond’s trading price to changes in interest rates ...

In November, my colleague Eric Jacobson published a Fund Spy article entitled "Bond Duration: An Art, Not a Science." In it, Jacobson listed the imperfections of duration as the predictor of how a ...

After raising short-term interest rates since March 2022, the Federal Reserve has started easing monetary policy with a 50-basis-point rate cut in September 2024 and a 25-basis-point rate cut on Nov.

If rates have indeed crested, fixed-income investors may benefit from a combination of coupon income and modest price ...

Fixed income investors don't have to venture too far out onto the yield curve in order to extract yield. They can do so with short-term corporate bond funds that minimize duration risk. One prominent ...