How bond markets react to rate cuts   In just a few short weeks, the fixed-income market’s expectations for monetary…

Fed’s forward guidance reflects uncertainty.   I hope the readers of this column will excuse the lack of decorum in…

While it will possibly take months and even the rest of the year to see the full shakeout, April 2025…

    [Note: In this column, for the first time, your correspondent relied on ChatGPT, the generative artificial intelligence (AI)…

   Callable securities present risk and reward.   Most representatives of the broker-dealer industry have been suggesting to their customers,…