Market Research and Commentary

Market Research

Minimum Maturity Rules: The Cost of Selling Bonds Before Their Time

The Bond Market: Where the Customers Still Have No Yachts

The Biggest Cause of Underperformance in Fixed Income Index Funds

Maturity-targeted Bond Funds Lock in Anticipated Yield to Maturity

Dilution by a Thousand Costs: The Case for Index-Based ETFs over Mutual Funds

Bond Market Liquidity (or Why you Should Buy Bond ETFs Instead)

Path Dependence in Fixed Income Index Construction