Value in Short-Term Bonds: The sharp rise in short-term rates in 2017 has created attractive valuations on the front end of the investment-grade curve. If the curve could speak, almost certainly the shorter maturities would now be shouting, Look at me---look at me! Not since fall 2008 have investors been able to earn 2.0% or more on high-quality, short-term bonds such as 2-year Treasury notes.
Attached is a comprehensive table from Baird’s Tim Steffen comparing both the House of Representatives and the Senate tax reform bills to current law. This is a handy, at-a-glance tool for comparison as both bills are far from identical.
What should fixed income investors expect in 2018? In this white paper, Mary Ellen Stanek, CFA, shares Baird Advisors’ annual investment outlook, makes a case for “lower and longer” economic growth, and identifies headwinds that could present challenges for market participants in the new year.
Understand the key provisions of the Republican Tax Plan—and the impact on both individual and corporate taxpayers.