Yahoo FinanceHowever, six leading fixed income investors are confident that the pain won't last much longer.
Michele continued: "I've been doing this since 1981, so I've seen a decade of double-digit bond yields with disinflation.
Alex Petrone, the director of fixed income at Rockefeller Asset Management, agreed that it's too soon to write off a recession.
Nailing timing helps maximize returns, though fixed income experts said that's difficult because the Fed's policy decisions are unpredictable.
Buying Treasuries and municipal coupons on both the long and short ends of the curve are how she recommends playing fixed income.
Persons:
Jonathan Mondillo, you've, Bob Michele, Michele, I've, we'll, Federal Reserve —, Robert Robis, Robis, Alex Petrone, it's, Petrone, Mary Daly, David Schiffman, Roger Aliaga, Diaz, Aliaga, Mondillo, Schiffman
Organizations:
Yahoo Finance, JPMorgan Asset Management, isn't, Federal Reserve, BCA Research, Rockefeller Asset Management, Fed, San Francisco Fed, Aquila Investment Management, Vanguard's Investment, Investment
Locations:
Scotland, bottoming, Abrdn, Aquila, Treasuries, CCC