Transcript
Kathy Jones: We ended 2018 with a cautious outlook on the bond market. Our biggest concern was that the Federal Reserve's series of interest rate hikes would reduce demand for bonds, especially bonds in the riskier segments of the market, like high-yield bonds; but recently, the Federal Reserve has indicated that they're unlikely to raise interest rates again in the near term. They may hold off for a while. Does that mean we should throw caution to the wind?
I'm Kathy Jones, and this is Bond Market Today.
Although the markets have responded positively