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Among taxable fixed income sectors, senior loans offer attractive yield and lower volatility.
Spread sectors generally outperformed Treasuries as economic data remained healthy.
While we’ve experienced unanticipated bumps on the final approach to the runway in the form of increased policy uncertainty and market volatility, today’s directional dynamics still point to the same or similar investment themes we saw at the start of the year.
Investing involves risk, including the loss of principal.
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