For many market participants, the Federal Reserve’s unwillingness to reduce interest rates so far this year is a disappointment. But advisors say it’s good news for fixed-income investors, especially if they act quickly. …
Among bond options, some advisors argue that longer-term durations may be the best choice, though their current yields lag behind their shorter duration counterpoints. Dustin Wolk at Crescent Grove Advisors in Milwaukee recommends that clients with short-term bonds “modestly extend duration. …. Current yield levels are historically attractive for long-term investors.”
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