Video: Morningstar interviews Stanek on the Bond Market
In a September 14 interview, Baird Funds President Mary Ellen Stanek talked with Morningstar’s Alaina Bompiedi about the factors impacting today’s bond market.
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. High yield securities may be subject to heightened market, interest rate or credit risk and should not be purchased solely because of the stated yield. 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.
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