Fixed Income

July 1, 2022

Read our views on trends in the fixed income market affecting bonds, CDs, and money markets. Or explore other investing topics:

2022 Mid-Year Muni Market Outlook

We suggest that muni investors consider taking advantage of the recent selloff by moving up in both credit quality and coupon structure, and moderately extending duration.

2022 Mid-Year Corporate Credit Outlook

After the steep drop in prices during the first half of this year, yields on many corporate bond investments are at or near 12-year highs. While that is attractive from an income perspective, we still suggest a maintaining a defensive approach, as risks are rising.

Schwab Market Perspective: Price Shock

Inflation continues to run hot, raising the prospect that the Federal Reserve will tighten monetary policy more sharply than expected—possibly tipping the U.S. economy into recession.

Fed Gets Aggressive: What's It Mean for Investors?

Sticky inflation leads Fed to give rates a bigger bump. Could change be on the horizon for the economy and the markets?

2022 Mid-Year Market Outlook: Under Pressure

Economic uncertainty may have peaked in the first half of 2022, but it remains high. Stocks are likely to continue to feel the weight of Federal Reserve policy tightening, shrinking market liquidity and slower economic growth.

A Guide to Navigating the Bond Market

This guide breaks down common bond types, explains how they may respond to changing interest rates, and provides tips for selecting the ones most compatible with your portfolio.

How to Identify Reputable ESG Bonds

Not all ESG bonds are what they purport to be. Here's how to help identify the reputable ones.

2022 Mid-Year Outlook: Fixed Income

Returns should be better for fixed income investors in the second half of 2022, now that interest rates have reset higher. However, we still expect volatility to remain high as central banks shift away from easy-money policies.

Think Twice Before Buying a Muni Below Par

Municipal bonds acquired at too deep a discount could be subject to an additional tax, known as the de minimis tax, which would take a bite out of the after-tax return.

Are TIPS Worth Considering Now?

Treasury Inflation-Protected Securities, or TIPS, can help protect against inflation over the long run, but in the short term their performance may be dictated more by price declines in the secondary market. That's been the case so far this year.