Long-term Treasury yields are rising, bringing renewed attention to a part of the market often associated with stability. Persistent inflation, federal deficits and increased government borrowing are all contributing to the shift.
In this episode, Cary Baronian, Managing Director of Investments, and Kaitlyn Kocuba, Director of Portfolio Management, discuss:
The conversation offers a practical look at what the bond market is signaling and how Heritage is thinking about portfolio risk today, while keeping client needs and long-term objectives at the center of investment decisions.
DISCLOSURE
Educational Purposes Only. This presentation is being provided solely for educational and informational purposes.
Please remember that past performance is no guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Heritage Wealth Advisors [“Heritage”]), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, no portion of this discussion or information serves as the receipt of, or a substitute for, personalized investment advice from Heritage contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Heritage. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Neither Heritage’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if Heritage is engaged, or continues to be engaged, to provide investment advisory services. Abbrev is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice
The discussion of bonds, bond sectors, interest rates, yields, credit conditions, market indexes, and historical returns is provided for general educational and informational purposes only. It is not individualized investment advice, a recommendation to buy or sell any security, or an offer or solicitation regarding any investment product or strategy.
Bond prices generally move inversely to changes in interest rates; when interest rates rise, the market value of existing bonds typically falls. Bonds are subject to interest-rate, duration, inflation, credit/default, downgrade, liquidity, call/prepayment, reinvestment, issuer, and market risks. Lower-rated or high-yield bonds generally involve greater credit and liquidity risk. U.S. Treasury securities are backed by the full faith and credit of the U.S. government as to timely payment of principal and interest, but their market values may fluctuate before maturity; other bonds are not federally guaranteed unless expressly stated.