Most fixed-income spread sectors posted positive excess returns, supported by UK political stability, declining gas prices in Europe, and a shift in expectations away from rapid interest rate hikes by major central banks.
Having enough money is key to a successful retirement. But having a strong social network may be more important: Clients with friends are more likely to live healthier, happier lives than those without.
Although the word “unprecedented” is overused, there’s no other word to describe what fixed-income investors have experienced this year. Managing Director at Wellington Management and Fixed-Income Strategist for Hartford Funds, Amar Reganti, shares his thoughts on the past year and where fixed-income goes from here.