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July 26, 2021

It is time to embrace the potential for higher interest rates and put the “Income” back into Fixed Income.

Traditionally, investors have been able to count on bonds as a primary source of income.  However, with interest rates beginning 2021 near historic lows and spreads near the tighter end of their range, the set-up for fixed income coming into this year was not particularly attractive.  From a macro perspective, we were forecasting an improving...
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