What if the Joneses are fiscally responsible neighbors?

BMO
By December 13, 2018 14:03

What if the Joneses are fiscally responsible neighbors?

Fixed Income Insights

The move higher in rates in 2018 has impacted bond markets directly, as is to be expected, but fixed income investors should also consider the second order effects as higher rates have the potential to impact consumer behavior and the real economy. As higher rates work their way through the economy, there is a further impact for fixed income investors to consider: a significant amount of consumer debt is securitized and becomes a part of the investable fixed income universe

BMO
By December 13, 2018 14:03

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