Fixed Income

Read our views on trends in the fixed income market affecting bonds, CDs, and money markets.

Callable Bonds: Understanding How They Work

Reviewing the basics can keep you from being caught off guard if your investment is returned to you before the stated maturity date.

Schwab Market Perspective: Rolling Recovery?

There are signs that some previous "rolling recessions" are starting to turn into rolling recoveries.

Explore Brokered CDs vs. Bank CDs

Certificate of deposit (CD) investing isn't limited to just banks. Learn the potential benefits and risks of brokered CDs and how they differ from bank-issued CDs.

Emerging-Market Bonds: Are Returns Worth the Risk?

Emerging-market local-currency bonds have rallied sharply since last October, along with other risky segments of the global bond market. However, navigating the market can be challenging.

Preferred Securities: Recent Rally Sets High Bar

Our outlook is still positive, but it may be difficult to replicate the strong returns of the past few quarters.

Potential Opportunities in the Muni Bond Market

There have been several big changes in the municipal bond market lately. Here's what you should know.

Quarterly Market Outlook: Waiting for the Fed

The Federal Reserve weighs the data while investors wonder: When will rate cuts begin?

The Fed Hesitates and the Markets Wait

Although a strong economy has changed expectations about the timing and magnitude of interest rate cuts, we still see room for the Federal Reserve to cut by three-quarters of a point this year.

Not Always Tax-Free: 7 Municipal Bond Tax Traps

Although municipal bonds pay interest that is generally exempt from federal and state income taxes, it's not always free from all taxes.

Why to Consider Longer-Term Bonds Now

Short-term bond yields are high currently, but with the Federal Reserve poised to cut interest rates investors may want to consider longer-term bonds or bond funds.