Rising interest rates have presented challenges for fixed-income markets, while higher yields may provide opportunities to reinvest at more attractive income levels over time. These opportunities should be considered alongside the risks associated with changing interest rates, inflation, credit conditions, and potential bond price declines.
MPW’s Q3 Market Commentary explores this balance of potential opportunities and risks, including the earnings supporting equity markets and the questions surrounding AI investment, particularly whether the spending behind AI will translate into the productivity gains companies anticipate.
If you’d like to read what we’re sharing with the families we work with, you can find our full Q3 review here.