--- title: City Different Investments Blog | Fixed Income description: Fixed Income | City Different Investments Insights Blog --- [![City Different Investments](https://blog.citydifferentinvestments.com/hubfs/raw_assets/public/City_Different_Investments_September2021/images/CDI-Logo.svg "City Different Investments")](https://citydifferentinvestments.com/) Menu - About - [Our Story](https://citydifferentinvestments.com/our-story/) - [People](https://citydifferentinvestments.com/people/) - [Community Commitment](https://citydifferentinvestments.com/community-commitment/) - [Strategies](https://citydifferentinvestments.com/strategies/) - [Fixed Income](https://citydifferentinvestments.com/strategies/fixed-income/) - Municipal Bond - [Short-Term](https://citydifferentinvestments.com/strategies/fixed-income/short-term-municipal-bond/) - [Limited-Term](https://citydifferentinvestments.com/strategies/fixed-income/limited-term-municipal-bond/) - [Intermediate-Term](https://citydifferentinvestments.com/strategies/fixed-income/intermediate-term-municipal-bond/) - 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[Form ADV 3](https://citydifferentinvestments.com/wp-content/uploads/2026/03/CDI.Form-ADV-Part-3-final.pdf) - [Terms & Privacy](https://citydifferentinvestments.com/terms-privacy/) - [Insights](https://blog.citydifferentinvestments.com) - [Blog](https://blog.citydifferentinvestments.com/tag/market-insights) - [Week In Review](https://blog.citydifferentinvestments.com/tag/week-in-review) - [Informed Investor](https://blog.citydifferentinvestments.com/tag/informed-investor) - [Exclusive Content](https://info.citydifferentinvestments.com/signup-for-exclusive-content) - [Videos](https://www.youtube.com/@CityDifferentInvestments) - [Contact](https://citydifferentinvestments.com/contact/) [Schedule a Call](https://citydifferentinvestments.com/contact/) ![tag-logo](https://blog.citydifferentinvestments.com/hubfs/raw_assets/public/City_Different_Investments_September2021/images/main-logo-dark-with-yellow.png) # Insights Blog News, insights and thought leadership from **the City Different team.** ##### FEATURED POSTS [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20AI%20bubble.png)](https://blog.citydifferentinvestments.com/the-avalanche-theory-of-investing) September 24, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [About the Firm](https://blog.citydifferentinvestments.com/tag/about-the-firm) ## [The Avalanche Theory of Investing](https://blog.citydifferentinvestments.com/the-avalanche-theory-of-investing) [Rolf Kelly](https://blog.citydifferentinvestments.com/author/rolf-kelly) There's a particular thing the mountains teach you if you spend enough time in them: You can't outrun an avalanche from inside one. The work is in not being on the slope when one comes down. After a... [Read](https://blog.citydifferentinvestments.com/the-avalanche-theory-of-investing) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20AI%20bubble%20(2).png)](https://blog.citydifferentinvestments.com/diversifying-away-from-ai) September 15, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [About the Firm](https://blog.citydifferentinvestments.com/tag/about-the-firm) ## [Diversifying Away From AI](https://blog.citydifferentinvestments.com/diversifying-away-from-ai) ![ Connor Browne](https://blog.citydifferentinvestments.com/hubfs/Connor-Browne-crop.png) [Connor Browne](https://blog.citydifferentinvestments.com/author/connor-browne) When someone starts to worry that AI valuations have run too far, the instinct is to ask whether now is the time to get out. I understand that instinct, and it’s not a bad one. The issue we’re... [Read](https://blog.citydifferentinvestments.com/diversifying-away-from-ai) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20Copy%20of%20Postcard%20from%20china.png)](https://blog.citydifferentinvestments.com/time-to-panic-about-bonds) September 08, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Time to Panic about Bonds?](https://blog.citydifferentinvestments.com/time-to-panic-about-bonds) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) The financial press has found its story du jour: “The Death of the Safe Haven: How to Fix Your Bond Strategy as Yields Rise.” Nothing sells quite like fear (even though bond yields are indeed scary... [Read](https://blog.citydifferentinvestments.com/time-to-panic-about-bonds) Filter by: ALL BLOG POSTS [All Posts](https://blog.citydifferentinvestments.com/) [Active Management](https://blog.citydifferentinvestments.com/tag/active-management) [Domestic Equity](https://blog.citydifferentinvestments.com/tag/domestic-equity) [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) [Global Equity](https://blog.citydifferentinvestments.com/tag/global-equity) [Informed Investor](https://blog.citydifferentinvestments.com/tag/informed-investor) [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies) [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights) [Week In Review](https://blog.citydifferentinvestments.com/tag/week-in-review) Archives: Select Month [October 2026](https://blog.citydifferentinvestments.com/archive/2026/10)[September 2026](https://blog.citydifferentinvestments.com/archive/2026/09)[August 2026](https://blog.citydifferentinvestments.com/archive/2026/08)[July 2026](https://blog.citydifferentinvestments.com/archive/2026/07)[June 2026](https://blog.citydifferentinvestments.com/archive/2026/06)[May 2026](https://blog.citydifferentinvestments.com/archive/2026/05)[April 2026](https://blog.citydifferentinvestments.com/archive/2026/04)[March 2026](https://blog.citydifferentinvestments.com/archive/2026/03)[February 2026](https://blog.citydifferentinvestments.com/archive/2026/02)[January 2026](https://blog.citydifferentinvestments.com/archive/2026/01)[December 2025](https://blog.citydifferentinvestments.com/archive/2025/12)[November 2025](https://blog.citydifferentinvestments.com/archive/2025/11)[October 2025](https://blog.citydifferentinvestments.com/archive/2025/10)[September 2025](https://blog.citydifferentinvestments.com/archive/2025/09)[August 2025](https://blog.citydifferentinvestments.com/archive/2025/08)[July 2025](https://blog.citydifferentinvestments.com/archive/2025/07)[June 2025](https://blog.citydifferentinvestments.com/archive/2025/06)[May 2025](https://blog.citydifferentinvestments.com/archive/2025/05)[April 2025](https://blog.citydifferentinvestments.com/archive/2025/04)[March 2025](https://blog.citydifferentinvestments.com/archive/2025/03)[February 2025](https://blog.citydifferentinvestments.com/archive/2025/02)[January 2025](https://blog.citydifferentinvestments.com/archive/2025/01)[December 2024](https://blog.citydifferentinvestments.com/archive/2024/12)[November 2024](https://blog.citydifferentinvestments.com/archive/2024/11)[October 2024](https://blog.citydifferentinvestments.com/archive/2024/10)[September 2024](https://blog.citydifferentinvestments.com/archive/2024/09)[August 2024](https://blog.citydifferentinvestments.com/archive/2024/08)[July 2024](https://blog.citydifferentinvestments.com/archive/2024/07)[June 2024](https://blog.citydifferentinvestments.com/archive/2024/06)[May 2024](https://blog.citydifferentinvestments.com/archive/2024/05)[April 2024](https://blog.citydifferentinvestments.com/archive/2024/04)[March 2024](https://blog.citydifferentinvestments.com/archive/2024/03)[February 2024](https://blog.citydifferentinvestments.com/archive/2024/02) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20Copy%20of%20Postcard%20from%20china.png)](https://blog.citydifferentinvestments.com/time-to-panic-about-bonds) September 08, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Time to Panic about Bonds?](https://blog.citydifferentinvestments.com/time-to-panic-about-bonds) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) The financial press has found its story du jour: “The Death of the Safe Haven: How to Fix Your Bond Strategy as Yields Rise.” Nothing sells quite like fear (even though bond yields are indeed scary... [Read](https://blog.citydifferentinvestments.com/time-to-panic-about-bonds) [![](https://blog.citydifferentinvestments.com/hubfs/Revenge%20of%20the%20Bond%20Nerds.png)](https://blog.citydifferentinvestments.com/revenge-of-the-bond-nerds) July 02, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Revenge of the Bond Nerds](https://blog.citydifferentinvestments.com/revenge-of-the-bond-nerds) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Bond investors have grown more sophisticated over the years, and the tools we use to evaluate bonds have evolved alongside us. For decades, yield was the primary measure investors focused on. Yield... [Read](https://blog.citydifferentinvestments.com/revenge-of-the-bond-nerds) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Why%20Bonds%20Still%20Matter.png)](https://blog.citydifferentinvestments.com/when-the-fed-changes-the-yard-stick) June 17, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [When The Fed Changes The Yard Stick](https://blog.citydifferentinvestments.com/when-the-fed-changes-the-yard-stick) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) For the better part of fifteen years, investors have read the Fed's intentions through one number: Core PCE. It became the formal benchmark for the 2% inflation target in 2012, and ever since, the... [Read](https://blog.citydifferentinvestments.com/when-the-fed-changes-the-yard-stick) [![](https://blog.citydifferentinvestments.com/hubfs/Why%20Bonds%20Still%20Matter%20(2).png)](https://blog.citydifferentinvestments.com/why-bonds-still-matter) June 03, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income), [Informed Investor](https://blog.citydifferentinvestments.com/tag/informed-investor) ## [Why Bonds Still Matter](https://blog.citydifferentinvestments.com/why-bonds-still-matter) ![ Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/sweta.png) [Sweta Singh](https://blog.citydifferentinvestments.com/author/sweta-singh) There's a version of the investment conversation that goes something like this: “equities for growth, alternatives for excitement, and bonds left over for investors who've already won (and are now... [Read](https://blog.citydifferentinvestments.com/why-bonds-still-matter) [![](https://blog.citydifferentinvestments.com/hubfs/Warsh.png)](https://blog.citydifferentinvestments.com/the-warsh-doctrine) May 12, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [The Warsh Doctrine](https://blog.citydifferentinvestments.com/the-warsh-doctrine) ![ Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/sweta.png) [Sweta Singh](https://blog.citydifferentinvestments.com/author/sweta-singh) What a New Fed Chair Means for Fixed Income Kevin Warsh took the helm on May 15, 2026, and has pledged to change the conduct of monetary policy. For fixed-income investors, this is not a transition... [Read](https://blog.citydifferentinvestments.com/the-warsh-doctrine) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20Copy%20of%20Copy%20of%20IHS%20Towers%20(1).png)](https://blog.citydifferentinvestments.com/how-boutique-fixed-income-looks-different) March 06, 2026 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [How Boutique Fixed Income Looks Different](https://blog.citydifferentinvestments.com/how-boutique-fixed-income-looks-different) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Fixed income is one of those corners of investing where process matters a lot more than people realize. On the surface, many strategies appear similar. Same benchmarks. Same sectors. Same language... [Read](https://blog.citydifferentinvestments.com/how-boutique-fixed-income-looks-different) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20Copy%20of%20IHS%20Towers%20(1).png)](https://blog.citydifferentinvestments.com/are-treasuries-still-safe) February 27, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Are Treasuries Still Safe?](https://blog.citydifferentinvestments.com/are-treasuries-still-safe) ![ Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/sweta.png) [Sweta Singh](https://blog.citydifferentinvestments.com/author/sweta-singh) Since April, I've had a lot of conversations about whether Treasuries are still a viable safe haven investment. After “Liberation Day,” 10-year Treasuries sold off by ~50 basis points, creating a... [Read](https://blog.citydifferentinvestments.com/are-treasuries-still-safe) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20IHS%20Towers%20(1).png)](https://blog.citydifferentinvestments.com/ladder-strategy-supremacy-by-the-numbers) January 09, 2026 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Ladder Strategy Supremacy (by the numbers)](https://blog.citydifferentinvestments.com/ladder-strategy-supremacy-by-the-numbers) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Most fixed income conversations spend a lot of time on what to own (e.g. credit quality, duration, sector exposure) and not nearly enough time on how the portfolio is put together. But structure... [Read](https://blog.citydifferentinvestments.com/ladder-strategy-supremacy-by-the-numbers) [![](https://blog.citydifferentinvestments.com/hubfs/Signs%20of%20the%20(1).png)](https://blog.citydifferentinvestments.com/other-signs-of-the-apocalypse) October 27, 2025 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Other Signs of the Apocalypse](https://blog.citydifferentinvestments.com/other-signs-of-the-apocalypse) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) No one likes an alarmist know-it-all (except maybe the folks riding Michael Burry’s coattails through the 2008 financial collapse… but even a lot of those folks thought he had lost his mind). I know... [Read](https://blog.citydifferentinvestments.com/other-signs-of-the-apocalypse) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Junk%20Bond.png)](https://blog.citydifferentinvestments.com/market-rhyming) August 11, 2025 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Is the Market Rhyming with 2008?](https://blog.citydifferentinvestments.com/market-rhyming) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) I’ve been feeling uneasy about financial markets lately… not because I think we’re headed for a carbon copy of 2008, but because a few old patterns are starting to bubble back up. Not in the same... [Read](https://blog.citydifferentinvestments.com/market-rhyming) [![](https://blog.citydifferentinvestments.com/hubfs/Junk%20Bond.png)](https://blog.citydifferentinvestments.com/whats-that-junk-bond-worth-really) July 28, 2025 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [What's That Junk Bond Worth Really?](https://blog.citydifferentinvestments.com/whats-that-junk-bond-worth-really) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) There’s a line from the movie The Last Boy Scout that’s always stuck with me: "Water's wet, the sky is blue..." (gunna add my own spin on it here) ... and market risks, Jimmy, they’re out there and... [Read](https://blog.citydifferentinvestments.com/whats-that-junk-bond-worth-really) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20AI%20small%20businesses.png)](https://blog.citydifferentinvestments.com/informed-investor-total-return) July 03, 2025 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income), [Informed Investor](https://blog.citydifferentinvestments.com/tag/informed-investor) ## [Informed Investor: Total Return](https://blog.citydifferentinvestments.com/informed-investor-total-return) ![ Chris Ryon](https://blog.citydifferentinvestments.com/hubfs/Chris%20Ryon.png) [Chris Ryon](https://blog.citydifferentinvestments.com/author/chris-ryon) Why we focus on ‘total return’ (and what that means for your portfolio) When evaluating the performance of our strategies from our fixed income desk, we focus on total return. In our view, it’s the... [Read](https://blog.citydifferentinvestments.com/informed-investor-total-return) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20loving%20the%20binary.png)](https://blog.citydifferentinvestments.com/fear-is-not-a-strategy) April 04, 2025 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Fear is not an Investment Strategy](https://blog.citydifferentinvestments.com/fear-is-not-a-strategy) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) “If you can keep your head when all about you are losing theirs and blaming it on you...” Rudyard Kipling Yesterday, I noticed Warren Buffet was in the press quoting this Kipling piece, one of my... [Read](https://blog.citydifferentinvestments.com/fear-is-not-a-strategy) [![](https://blog.citydifferentinvestments.com/hubfs/Muni%20Bond%20Blog.png)](https://blog.citydifferentinvestments.com/bond-questions-answered) March 13, 2025 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Your Bond Questions, Answered](https://blog.citydifferentinvestments.com/bond-questions-answered) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) When we’re chatting with clients, we often get the same flavor of questions about bonds (we would bet if you have exposure to the bond market, you’ve wondered some of these as well…). So we wanted to... [Read](https://blog.citydifferentinvestments.com/bond-questions-answered) [![](https://blog.citydifferentinvestments.com/hubfs/Vanguard.png)](https://blog.citydifferentinvestments.com/vanguard-fee-cut) February 12, 2025 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Vanguard's Fee Cuts](https://blog.citydifferentinvestments.com/vanguard-fee-cut) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Vanguard just dropped the hammer on ETF fees again, slashing its average expense ratio to a jaw-dropping 0.07%. That’s a big deal in an industry segment where “fees are one of the most important... [Read](https://blog.citydifferentinvestments.com/vanguard-fee-cut) [![](https://blog.citydifferentinvestments.com/hubfs/Muni%20Bond%20Threat%20(4).png)](https://blog.citydifferentinvestments.com/muni-bond-threat) January 03, 2025 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Understanding the Muni Bond “Threat”](https://blog.citydifferentinvestments.com/muni-bond-threat) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Every few years, it seems like the municipal bond market can’t resist a good scare story. This time, it’s the potential for Congress to alter the tax-exempt status of muni bonds — an idea making the... [Read](https://blog.citydifferentinvestments.com/muni-bond-threat) [![](https://blog.citydifferentinvestments.com/hubfs/philosophy.png)](https://blog.citydifferentinvestments.com/wednesday-distress) December 19, 2024 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Wednesday's Distress](https://blog.citydifferentinvestments.com/wednesday-distress) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Explaining Wednesday’s complete market route. All markets, be they equity or fixed income, took a proverbial kick in the shorts on Wednesday. The S&P 500 index finished the day 178.45 points lower... [Read](https://blog.citydifferentinvestments.com/wednesday-distress) [![](https://blog.citydifferentinvestments.com/hubfs/lull.png)](https://blog.citydifferentinvestments.com/4-years-of-inflation-analysis) November 26, 2024 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income), [Active Management](https://blog.citydifferentinvestments.com/tag/active-management) ## [4 Years of Inflation Analysis](https://blog.citydifferentinvestments.com/4-years-of-inflation-analysis) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Given Trump’s upcoming policy guidance, there are reasons to believe that inflation could soon be on the rise. This begs the question, “Are we in a temporary inflation lull? To answer that, let’s... [Read](https://blog.citydifferentinvestments.com/4-years-of-inflation-analysis) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20Copy%20of%20Copy%20of%20Copy%20of%20T+1%20(3).png)](https://blog.citydifferentinvestments.com/active-management-fixed-income) August 21, 2024 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income), [Active Management](https://blog.citydifferentinvestments.com/tag/active-management) ## [What is Active Management in Fixed Income?](https://blog.citydifferentinvestments.com/active-management-fixed-income) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) We believe that a strategic, actively managed approach to fixed income investing often outperforms the alternative. You might be familiar with active management when it comes to equities, but what... [Read](https://blog.citydifferentinvestments.com/active-management-fixed-income) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20Copy%20of%20Copy%20of%20Copy%20of%20T+1%20(4).png)](https://blog.citydifferentinvestments.com/active-management-philosophy) August 21, 2024 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income), [Active Management](https://blog.citydifferentinvestments.com/tag/active-management) ## [CDI's Active Management Philosophy](https://blog.citydifferentinvestments.com/active-management-philosophy) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Much as truly active equity investing can result in greater returns for investors (even net of fees), so too can active management of fixed income securities. We’re big believers in the power of... [Read](https://blog.citydifferentinvestments.com/active-management-philosophy) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Copy%20of%20T+1%20(2).png)](https://blog.citydifferentinvestments.com/trade-execution) July 30, 2024 | [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Trade Execution](https://blog.citydifferentinvestments.com/trade-execution) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) A decade ago, fixed income trade analysis was like a country club — very few people had access to it, the asymmetry of information was staggering, and so much of the market was effectively word of... [Read](https://blog.citydifferentinvestments.com/trade-execution) [![](https://blog.citydifferentinvestments.com/hubfs/why%20bonds%20now%20(1200%20x%20628%20px)%20(1).png)](https://blog.citydifferentinvestments.com/why-bonds-now) April 17, 2024 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Why Bonds Now](https://blog.citydifferentinvestments.com/why-bonds-now) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) We think it’s a good time to buy bonds because: The markets’ irrational exuberance about rate cuts in 2024 has been exercised. We started the year expecting 6-7 rate cuts, which dwindled to 2-3 in... [Read](https://blog.citydifferentinvestments.com/why-bonds-now) [![](https://blog.citydifferentinvestments.com/hubfs/SMA%20Outflows%20(1).png)](https://blog.citydifferentinvestments.com/mutual-funds-outflows) March 25, 2024 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Mutual Fund Outflows](https://blog.citydifferentinvestments.com/mutual-funds-outflows) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Separately Managed Accounts (SMAs) have grown from 3% of the total Municipal Market to approximately 23% market share in the last decade (as of 3/31/2023). Mutual funds, on the other hand, make up... [Read](https://blog.citydifferentinvestments.com/mutual-funds-outflows) [![](https://blog.citydifferentinvestments.com/hubfs/Copy%20of%20Untitled%20Design%20(4).png)](https://blog.citydifferentinvestments.com/bigger-always-better) March 18, 2024 | [Featured](https://blog.citydifferentinvestments.com/tag/featured), [Market Insights](https://blog.citydifferentinvestments.com/tag/market-insights), [Investment Strategies](https://blog.citydifferentinvestments.com/tag/investment-strategies), [Fixed Income](https://blog.citydifferentinvestments.com/tag/fixed-income) ## [Is Bigger Always Better?](https://blog.citydifferentinvestments.com/bigger-always-better) ![ Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/hubfs/Screenshot%202024-04-10%20at%209.47.57%20PM.png) [Chris Ryon and Sweta Singh](https://blog.citydifferentinvestments.com/author/chris-ryon-and-sweta-singh) Size can have its advantages — when going with a bigger firm; you may be hoping to experience lower fees because of volume and scale. But, it can also leave many advisors feeling like a “drop in the... [Read](https://blog.citydifferentinvestments.com/bigger-always-better) Prev [1](https://blog.citydifferentinvestments.com#blog-filters) [2](https://blog.citydifferentinvestments.com/tag/fixed-income/page/2#blog-filters) [3](https://blog.citydifferentinvestments.com/tag/fixed-income/page/3#blog-filters) [Next](https://blog.citydifferentinvestments.com/tag/fixed-income/page/2#blog-filters) \< Previous page Next page \> × ### Important Notice You are now leaving the City Different Investments' area and entering the **ETF / fund(s) area**. The following link contains information concerning investments, products or other information that is distributed by PINE Distributors, LLC. This information is not an offer to buy or a solicitation to sell any security or investment product. 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