The Federal Reserve has raised the benchmark interest rate by 25 basis points to 5.25% This move comes amid America’s ongoing debt ceiling crisis and further regional bank woes. Today we’re joined by fixed income portfolio manager Jeff Moore who shares that despite these challenges, the bond market itself is not seeing a deep downturn or recession in the near term. With host Bryan Borzkykowski, Jeff also unpacks the key indicators he is keeping an eye on for guidance on where markets are heading. Also today, Jeff stresses the importance of flexibility in fixed income allocations and explains which asset classes within fixed income are a good complement to an equity portfolio. Based out of Fidelity’s Merrimack, New Hampshire, fixed income headquarters, Jeff manages several fixed income funds for Canadian investors including Fidelity Multi-Sector Bond Fund, and the fixed income subportfolio of NorthStar Balanced Fund. 

Recorded on May 4, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.