The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was 11 basis points lower to 4.05% from 4.16% for the previous week. more »
We believe many investors individuals and institutions alike may have higher risk exposure than may be appropriate, says Warren Pierson, senior portfolio manager at Baird Advisors.
Investors should be wary of riskier market sectors, while increasing liquidity and credit quality as they position their portfolios for the year ahead, Warren Pierson, senior portfolio manager at Baird Advisors said. more »