Jatin Misra, Ph.D., CFA
Co-Head of Structured Credit
|Fact sheet||Annual||Semi annual|
|Mortgage Opportunities Fund|
|5-year Morningstar RatingTM among 263 funds in the Nontraditional Bond category.|
|Mortgage Securities Fund|
More from the Fixed Income team
Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.
In the coming months, the Fed will not likely pivot, but pause and wait with a high level of rates for convincing signs of disinflation.
Limited labor supply, higher wages, and a high staff turnover seems to have initiated a wage-price spiral.