Silver-rated Eaton Vance Income Fund of Boston uses a macro overlay to dampen portfolio volatility as part of its effective process.
THE SHORT ANSWER
The 'right' bond exposure--from a credit and duration standpoint--depends on your circumstances and portfolio.
A familiar problem has many managers taking risk off the table.
Bond Fund Investing
01-31-2018 14:49:19 PM ET
Not surprisingly, there were no surprises in the latest policy directive from the Federal Open Market Committee (FOMC). The vote to leave the target range for the fed funds rate unchanged at 1.25% to 1.50% was unanimous, sending Fed Chair Yellen out of office in the most hospitable way....
The Market at 15:26 ET10-Year: +8/32…2.877…EUR/USD: 1.2414USD/JPY: 106.30
Treasury Market Stands Its Ground
- -- Long bond looks to erase this week's loss: aggressive short positioning leaves market prone to a reversal
- -- January Housing Starts (actual 1326K; Briefing.com consensus 1240K; prior 1209K), Building Permits (actual 1396K; Briefing.com consensus 1300K; prior 1300K), January Import Prices ex-oil (actual 0.4%; prior -0.1%), and Export Prices ex-ag. (actual 0.9%; prior 0.0%)
- -- Preliminary February Michigan Consumer Sentiment Index (actual 99.9; Briefing.com consensus 95.5; prior 95.7)
02-15-2018 15:48:01 PM ET
The Week in Review/Week Ahead
Ar inflation concerns ebbing? Maybe not, but the flow of inflation concerns might be. What makes us think so? The Consumer Price Index (CPI) and Producer Price Index (PPI) reports for Jan...