By Kevin Flanagan, Head of Fixed Income Strategy
Unlike the previous two years, the 2019 outlook for fixed income has been fraught with confusion and uncertainty. Changing economic positions and attendant Federal Reserve (Fed) policy expectations have created this more challenging environment, and the lack of "fresh" economic data to begin the year - due to the partial government shutdown - has only added to this indecision. How, then, do investors navigate such a fixed income landscape? It is time to revisit the barbell strategy I first wrote about in my August 15, 2018, blog,