10/19/2026
Doug Drabik write that today's interest rate environment offers an opportunity to secure meaningful income and cash flow without having to accurately forecast the next move in rates. Investors focused on principal preservation and predictable income may find greater value in aligning bond maturities and cash flows with their long-term financial objectives than in attempting to capture the exact peak in yields. Market conditions will change, but the contractual benefits of appropriately selected individual bonds can remain in place through maturity.
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