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Over the quarter, Franklin High Yield Tax-Free Income Fund fared worse than its benchmark, the Bloomberg Municipal Bond Index ...
Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, 10-year bond yields increased, hitting a high of 4.8% in January, according to ...
The bond market isn't in a troublesome, sinister place, it's calm. Two pieces of evidence for your perusal: One, the MOVE Index. Think of it as a gauge reflecting the market's expectation of ...
What makes fixed-income instruments unique is the structure of the payments. Investors know how much they will receive and ...
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