Bonds aren't as complex as they may seem. Despite the numerous titles used to describe them – fixed-income securities, debt instruments, credit securities, etc. – bonds are nothing more than a ...
And there’s more: we’re going to give ourselves a rare “double discount” on our bond buys. We’ll do it by taking already-discounted bonds (thanks to Jay Powell’s Dirty Harry act on ...
A perfect storm of falling bond prices, higher leverage costs, investor capitulation and tax-loss harvesting at the end of 2024 have left many of these funds now trading at deep discounts to their ...