Every year around this time, I’m asked to look back at corporate bond’s performance over the past year—and what I expect in the months ahead. I’d be hard-pressed to remember heading into another year with this many changes on the horizon. We have tax reform, we have a new chairman overseeing the Federal Reserve, we’re anticipating multiple rate hikes and the bull market is approaching its ninth birthday.
That’s a lot of change.
As bottom-up investors, my team’s job is to find opportunity in the midst of this uncertainty. How will different industries respond to what will likely happen in the next 12 months? Who will benefit? It’s a lot of hard work.
For more of my thoughts around the corporate bond market, check out the video above.
The opinions expressed are those of Kevin Akioka and are no guarantee of the future performance of any American Century Investments fund.
This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.