Is Now the Time to Buy Fixed Income?
April 06, 2021 at 12:18 PM EDT
By Ryan O’Malley, Fixed Income Portfolio Strategist Despite the Federal Reserve’s promise to keep the federal funds rate low and support the bond market via quantitative easing, interest rates have seen an acute increase since August 2020. The yield on the 10-year Treasury was 0.52% on August 4 and...