Since opening our doors at City Different Investments, it is finally time to say— segments of the fixed income market are starting to get interesting!  The fixed income markets have endured a significant amount of volatility in the first quarter of 2022. As seen below, as of 4/8/2022 the major fixed income indexes have registered substantial...

The following is an excerpt from a longer article, Rechecking Our Inflation Predictions: Inflation is Here - But for How Long?

On November 3, the Federal Reserve Bank announced it will begin tapering bond purchases later this month – reducing monthly Treasury purchases by $10B and mortgage-backed securities by $5B. While the news may spark a few fireworks in the media, it represents merely the first of what may be many well-telegraphed Fed moves to pull back on its...

If you invest in municipal bond mutual funds, some odd quirks about the way mutual funds work could have a big impact on your risk.

Municipal bond investors are spending a lot of time talking about taxes. They worry the Manchin and Sanders wings in Congress will finally reach a compromise on the infrastructure and reconciliation bills, sending taxes higher. Others still hope tight majorities and an even tighter legislative calendar will scuttle the whole program.

Based on historical measures, tax exempt municipal bonds are rich to just about every other fixed income asset class! The three examples below illustrate how tax exempt municipal bond yields compare to taxable alternatives. Proof: (All Data as of 4/23/2021)