Despite signs of economic softening the Federal Reserve still intends to normalize policy through interest rate hikes, ending reinvestment and reducing its portfolio. Though bond investors might expect increased market supply to result in higher yields, we believe that strong demand — and Treasury issuance coordinated with Fed policy — will mitigate a significant rate move.
Paul Zemsky, CFA Chief Investment Officer, Multi-Asset Strategies
How should Plan Sponsors think about evaluating Target Date Funds? In our new brochure, we offer a comprehensive approach for selecting the fund that best matches the needs and characteristics of the plan and its participants.