Mary Ellen Stanek discusses rising inflation, interest rates on MoneyLife
Baird Advisors Co-CIO and Baird Funds President Mary Ellen Stanek, CFA, spoke with Chuck Jaffe on the MoneyLife podcast about how bond investors can approach rising inflation rates and the benefits an experienced team can provide during challenging markets.
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Fixed income is generally considered to be a more conservative investment than stocks, but bonds and other fixed income investments still carry a variety of risk such as interest rate risk, regulatory risk, credit risk, inflation risk, call risk, default risk, political risk, tax policy risk and liquidity risk. In a rising interest rate environment, the value of fixed-income securities generally decline and conversely, in a falling interest rate environment, the value of fixed income securities generally increase. Municipal securities investments are not appropriate for all investors, especially those taxed at lower rates. Ratings are measured on a scale that ranges from AAA or Aaa (highest) to D or C (lowest). Investment grade investments are those rated from highest down to BBB- or Baa3.