Fixed Income

Read our views on trends in the fixed income market affecting bonds, CDs, and money markets.

Can Agency Bonds Offer Extra Yield?

Federal agency bonds generally carry the same high credit rating as U.S. Treasuries, yet can sometimes offer slightly higher yields. Here's what to consider.

Schwab Market Perspective: Mid-Year Outlook

Diverging economic data and changing expectations for rate cuts have continued to complicate the market outlook.

Mid-Year Outlook: Fixed Income

Looking into the second half of the year, we are optimistic that returns will be stronger, but also expect volatility to remain elevated.

Buying a Muni Below Par? Reasons to Think Twice

Discounted municipal bonds could expose you to unexpected taxes. Here's what to know before you buy.

TIPS and Inflation: What to Know Now

Treasury Inflation-Protected Securities, or TIPS, can help buffer a portfolio against inflation. However, it's important to understand their unique characteristics and complex nature.

Should You Consider High-yield Municipal Bonds?

We believe high-yield munis carry additional risks, but are worth consideration by investors in higher tax brackets who are comfortable taking added risks.

Callable Bonds: Understanding How They Work

Reviewing the basics can keep you from being caught off guard if your investment is returned to you before the stated maturity date.

Explore Brokered CDs vs. Bank CDs

Certificate of deposit (CD) investing isn't limited to just banks. Learn the potential benefits and risks of brokered CDs and how they differ from bank-issued CDs.

Emerging-Market Bonds: Are Returns Worth the Risk?

Emerging-market local-currency bonds have rallied sharply since last October, along with other risky segments of the global bond market. However, navigating the market can be challenging.

Preferred Securities: Recent Rally Sets High Bar

Our outlook is still positive, but it may be difficult to replicate the strong returns of the past few quarters.