Two- and Four-Year Investment-Grade Corporate Bonds Look Very Timely

Two- and Four-Year Investment-Grade Corporate Bonds Look Very Timely
Federal Reserve Chair Jerome Powell answers a question at a press conference in Washington, on Nov. 1, 2023. Kevin Lamarque/Reuters
Bryan Perry
Updated:
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Commentary

It’s rare that Wall Street gets excited about bonds, but after last week’s wink and nod from Federal Reserve Chairman Jerome Powell that the “pause” on rates might also mean the Fed is done for this cycle, all classes of bonds ripped higher in reaction. Calls from trading desks around the world to “lock in rates” were resonating all of last week.

Bryan Perry
Bryan Perry
Author
Bryan Perry is a senior director and senior financial writer with Navellier Private Client Group, advising and facilitating high-net-worth investors in the pursuit of their financial goals. His financial services career spanning the past three decades includes over 20 years of wealth management experience with Wall Street firms that include Bear Stearns, Lehman Brothers and Paine Webber, working with both retail and institutional clients. Bryan earned a B.A. in Political Science from Virginia Polytechnic Institute & State University and currently holds a Series 65 license.
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