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Podcast: Money Life with Chuck Jaffe
Episode: Baird's Fitterer sees muni bonds having an edge in fixed income now
Description: Lyle Fitterer, senior portfolio manager for the Baird Funds — manager of the Baird Municipal Bond and Baird Strategic Muni Bond funds — says that absolute yields on fixed income looks pretty attractive, but that muni bonds have lagging some other bond types through the beginning of the year, but are poised now for better results in the second half of the year. Selma Hepp, chief economist at Cotality — chairperson of the Business Conditions Survey for the National Association for Business Economics — says that the July survey released today shows that corporate economists have reduced the odds that there's a recession moving f...