During this interview, Michael Collins, Senior Portfolio Manager at PGIM Fixed Income, takes a closer look at:
- The U.S. government’s $2 trillion stimulus package
- The potential benefits of the Fed’s new facilities to support both the primary and secondary investment grade corporate bond markets
- How the Fed’s new programs may help to open the corporate markets, including lower-quality investment grade issuers
- Opportunities associated with recent credit dislocations, in particular at the front end of the curve
Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. Diversification does not assure a profit or protect against loss in declining markets. US Government and Agency Securities are subject to market risk, interest rate risk and credit risk. Not all US Government securities are insured or guaranteed by the full faith and credit of the US Government.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional.
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