BFK - 'Income' Returns To The Fixed Income Market
By James L. Iselin, Head of Municipal Fixed Income
"He plays every point like he is broke."
- Jimmy Connors on Rafael Nadal
When I hit midyear or year-end, my first instinct is to spend time taking a look back and then try to project forward. I also may make a pledge to join a gym and eat better, but we all know how that goes. As we do in all our Basis Points, we will try our best in this issue to make sense of what is going on in the markets and