McAllister: Bonds Can Provide Stability Amidst Volatility

Duane McAllister, CFA, senior portfolio manager, recently talked with Chuck Jaffe and shared the team’s perspective on the current bond market. With the relationship between bonds and equities normalized, investors can consider bonds as a more steady investment amidst higher market volatility. Hear Duane talk the team’s outlook as well as the resiliency of the municipal bond market over time.  

Listen to the full podcast to learn more

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Fixed income is generally considered to be a more conservative investment than stocks, but bonds and other fixed income investments still carry a variety of risk such as interest rate risk, regulatory risk, credit risk, inflation risk, call risk, default risk, political risk, tax policy risk and liquidity risk. In a rising interest rate environment, the value of fixed-income securities generally decline and conversely, in a falling interest rate environment, the value of fixed income securities generally increase.

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