GGM - Short-Term High Yield: The Road Less Traveled
By Christian Brobst
As interest rates normalize, investors are revisiting their asset allocations - and especially their fixed income positions. When it comes to fixed income, many investors may not appreciate the breadth in the asset class and the potential opportunities this diversity provides. As we often say on our team, it's a market of bonds, not a bond market. With active management, a bond allocation can take advantage of many different types of opportunities and market inefficiencies. In this post, I'll take a closer look at one of the less frequently discussed segments of