Discover how active management in short-term bonds may help investors earn premium returns over cash for a modest increase in risk, while maintaining diversification and resilience in the face of economic downturns.

Despite inflation trending lower, bond yields have risen higher. Mike Cudzil, portfolio manager, explains the reasons behind the surge and why we think fixed income is particularly attractive right now.

Get a quick overview of current credit markets, why we favor high quality and some parts of the high yield market, and the importance – and power – of a flexible multi-sector approach in today's global markets.

As the debt ceiling issue plays out in the coming months, this is one of many factors that could create episodes of market volatility, which investors should consider as they allocate capital in 2023.

MORE ON U.S. DEBT CEILING

In our view, there are three compelling reasons why investors may benefit from allocating to agency MBS heading into 2023: attractive valuations; abundant relative value opportunities; and high quality spreads over U.S. Treasuries.

Like most asset markets, credit has not been immune to this year's volatility. But the good news today is that higher-quality yields are attractive again. Learn how investors may benefit from allocating to active fixed income.