Where is the Value in Fixed Income?
Portfolio Manager Bruce Monrad discusses where he is finding pockets of value in the High Yield space in our latest podcast.
Listen here (4:04):
BOSTON — It is with great sadness that Northeast Investors Trust announces the passing of its long-time former Chairman Ernest “Ernie” E. Monrad, who died on June 27, 2020. But it is with great pride that the Trust celebrates the life of a man who educated the markets on how to invest for income and who spent the better part of his life supporting the field of education.
0:00 Stock reaction to COVID-19 0:43 Bond reaction to COVID-19 1:23 Fed assessment of recovery 2:36 Bruce’s take on the rebound 3:43 Interest rates and income investing 4:55 Active vs Passive 6:18 Fed bond buying and high-yield 7:22 The presidential election and possible tax reform