Most investors focus on stocks, but the bond market is actually larger, and it can play a critical role in protecting your portfolio when markets get rocky.
In this episode of Financial Perspectives, Gretchen Muller, Director of Communications, and Warren Pierson, Co-Chief Investment Officer at Baird Advisors, discuss the “lifeboat” concept in portfolio construction, Warren’s current outlook on inflation and interest rates, where he sees value in fixed income today, and the biggest long-term risk to the bond market. Whether you’re near retirement or building long-term wealth, this conversation will help you understand how bonds fit into a well-designed financial plan.
0:00 – Why bonds matter more than most people realize
0:20 – The bond market is bigger than the stock market
2:40 – The lifeboat concept explained
5:32 – Warren Pierson: inflation & rate outlook
15:22 – Where Warren sees opportunity in bonds today
16:56 – The biggest risk to the bond market right now
