The widely held expectation is that the Fed will raise rates at least three times again this year.  The question becomes what does this mean for fixed income markets? Investors often seem to be under the notion that anything “bond” …

We’d characterize 2017 as a steady year for the high yield bond market.  Generally speaking, high yield bonds saw a steady move up with a few small blips down that were short-lived and met with buying.1 In total, the high …