Fixed Income

Read our views on trends in the fixed income market affecting bonds, CDs, and money markets.

Treasury Bonds: Why Are Yields Dropping?

Treasury yields have been falling for weeks. Yet inflation expectations remain high and recent growth data have been fairly strong—not a traditional backdrop for declining yields. What's happening?

Schwab Market Perspective: Bracing for Tariffs

Stocks bounced back after tariffs on imports from Mexico and Canada were delayed, but tariff issues are not yet solved and still hold the potential to drive market volatility.

Preferred Securities: Balancing Yield with Risk

Preferred securities' yields may be appealing, but they almost always come with additional risks.

Treasury Bonds: Riding the Range

Yields may trade in a wide range as markets work through issues in the new year. Navigating volatility may mean capturing higher nominal and real yields over the longer term.

2025 Treasury Bonds and Fixed Income Outlook

The bond market is caught between the Federal Reserve's plans to cut interest rates and the risk of higher inflation and federal debt levels.

TIPS and Inflation: What to Know Now

Treasury Inflation-Protected Securities, or TIPS, can help buffer a portfolio against inflation. However, it's important to understand their unique characteristics and complex nature.

What Is the Treasury Yield Curve?

The Treasury yield curve is an important economic indicator that, depending on its shape, can signal changes in market expectations and provide economic insight.

Federal Reserve: On the Road Again

While the pace of Federal Reserve cuts is in question, all roads lead to lower interest rates.

Bond Market: Shaken, Not Stirred

Bond prices whipsawed over the past month as volatility spiked across markets. What's next for fixed income markets?

Treasury Bond Market Faces Policy Tug-of-War

Central bank monetary policy may soon ease, but government fiscal policies that increase the federal deficit could limit the decline in Treasury yields.