Fixed Income Perspectives: Risk Management

Fixed income returns are derived from two sources, coupon payment and price change. While the foundation of fixed income is the predictability and practicality associated with receiving a consistent income stream, changes in interest rates and credit spreads cause the price of fixed income securities to fluctuate on a daily basis. Like any asset class, fixed income is vulnerable to periods of increased volatility and downward pressure on prices. Today, investors are struggling to digest the impact of a potential shift in the Fed’s interest rate policy and concerns associated with a maturing credit cycle.

  • DATE: December 1, 2015
  • TYPE: PDF

Featured Insights

No Featured Insights