“For the most part, yields are going to hover around 4.5% until we have confirmation on the data front.”

 “When you have inflation running higher and a yield curve that is flat to inverted, why would you want to own the index? A huge chunk of the Bloomberg Aggregate Bond index is long duration. Why would you want to own it?”

 “Today, having more tools at your disposal means you can eliminate the parts of the index that aren’t worth owning.”

 “The category held up during 2022 – the year that the Federal Reserve began its round of rate hikes – with the average nontraditional bond fund sliding 6.1% that year, while the average intermediate-term core plus bond fund fell 13.4%.”

 “We think that if you’re venturing beyond the comfort and confines of cash, a great place to start is in a core or core-plus active strategy that is still going to be tethered to a high quality U.S. investment grade universe.”

 “This message of ‘let the professionals allocate risk and find those opportunities’ is something that we’re seeing some traction with.”

 “If US interest rates really are going to be high and stable for now, investors may begin to re-assess their significant underweight in fixed income and look to have begun doing this in April.”