High-Yield Bonds: Exploring Profitable Opportunities in Fixed Income [2023]

Two leading municipal bond managers, Duane McAllister and Lyle Fitterer, who oversee Baird’s award-winning suite of municipal bond funds, including its 5-star, Silver-rated Baird Core Intermediate Municipal Bond Fund, present a compelling case for muni bonds.
We discuss the performance of municipal bonds amidst the historic declines in the bond market in 2022, and the potential for favorable returns in the current year. The conversation touches on rate increases, investment rationale, bond liquidity, and the health of municipal finance. They also explore the unique benefits of investing in the municipal bond market over other realms like corporate bonds, emphasizing the tax advantages, lower bankruptcy risk, and domestic-centric nature.
00:05 Introduction to the Podcast
00:09 Understanding Municipal Bonds
00:27 Guest Introduction and Initial Discussion
01:29 Why Invest in Muni Bonds Now?
02:04 The Appeal of Bonds in the Current Market
03:44 The Baird Case for Bonds
04:33 The Fed's Policy and its Impact
09:36 The State of Municipal Finances
12:34 Understanding the Risks in Municipal Bonds
15:52 The Strategy for Investing in Municipal Bonds
26:23 The Advantages of the Municipal Bond Market
28:14 Conclusion and Final Thoughts
#investingstrategy #bondmarket
WEALTHTRACK Episode 2022, published on November 23, 2023
More Info: wealthtrack.com/the-highest-y...

[@johnkerner6553]

Great show. Baird has taken care of my parents. Grateful.

[@davidpatterson4024]

Good info!!

[@richardkelly4667]

Municipal bond fund investors are sitting on double digit unrealized losses because of the turbulence in the debt markets. Bank CDs and US savings bonds are appealing alternatives to munis.

[@brianhollenbeck8633]

I'm thankful for the education you, and your guest freely give! 😁👑🌏🌎🌍@undwallace happy 🦃day.

[@ChrisHodges87]

Let me see - bond guys like bonds. Bond guys who are paid to sell their funds like bonds. Bond guys who want a bonus like bonds. Thank you. That was so balanced and helpful.

[@y.r.9401]

Safest investments still, right!?

[@y.r.9401]

3-4% only!! CDs & MM accounts have higher rates!

[@888bam]

there's no tax

[@lawrencefeldman462]

I bought 5.50% Muni 😮all week. Buy Fund like which these people have to offer you lose. Buy the paper and get 5.50% on good credit. I bought a hospital in Washington State 5.50% for 14 years. What I do is buy and hold till maturity. Zero coupon muni bonds are a screaming buy right now. I got a new grandbaby and just bought a AA credit zero coupon for twenty years at 5.19%.
That investment of 38k. Will be a 125k in twenty years.... university monies. Tax free income