Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
Lousy weather and weak holiday results make the sector a relative bargain.
The corporate bond market will probably struggle to return much above break-even in 2014.
Widening investment-grade credit spreads and rising interest rates lead to losses.
While its complexity should give investors pause, this ETF attempts to improve on the traditional passive approach to value investing.
With the potential for higher interest rates in the future, the bank-loan market still looks attractive.
The iconic index is about to experience some big changes, but its quality tilt remains firmly intact.
Although the interest rate spread between corporates and Treasuries looks reasonable, because interest rates themselves are so low, corporate bond investors aren't being adequately compensated on an all-in basis, says Morningstar's Dave Sekera.
In Session 1 of the 2013 Morningstar Individual Investor Conference, Northern Trust's Katie Nixon, Charlie Bobrinskoy of Ariel, and Morningstar's Bob Johnson tackle today's macro questions on government policy, economic growth, inflation, and more.