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Fixed Income Manager Sees Opportunity: Masters of the Muniverse

FICC Focus

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The Three to 17 Ladder Structure in the Corporate Bond Market

The three to 17 ladder was something that was birthed during that low interest rate time in the front end of the curve. And we're very opportunistic on all of our ladders. We are not a passive manager at all. The other thing that jumps to my mind is commercial real estate. You know, we're seeing numbers, vacancy numbers are larger than they were in a wine. I think it's something that's going to continue to decline in value.

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