After the U.S. Federal Reserve raised interest rates last December, most observers expected a steady stream of similar moves from the central bank. But spotty economic data at home and uncertainty abroad has put the Fed on a slower, more cautious path to higher rates. The zig-zag has left fixed income investors grappling with how to adjust their portfolios in a changing environment. Emerging markets, duration and high yield are among the ideas discussed by Michael Hyman, head of investment grade portfolio management at Invesco, Mike Collins, senior investment officer at Prudential Fixed Income and Seth Bancroft, a research consultant at NEPC.view more white papers
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