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Director, Portfolio Manager Discusses Bond Investing Ahead of Fed Rate Cuts with Financial Advisor Magazine | Crestwood Advisors (Concept)

Written by Crestwood Advisors | May 24, 2024, 4:41:24 PM

To the disappointment of many, the Fed has shown it’s not yet ready to cut interest rates. However, this could be beneficial for fixed-income investors if they act fast.

Director and Portfolio Manager Jason Hendricks, CFP®, ChFC®, CSRIC® shared with Financial Advisor Magazine that owning intermediate maturity bonds “allows investors to lock in yields [and] likely see a rise in principal when the Fed cuts rates.”

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