The Hot Fixed-Income Brew: Less Liquid, Yields Great
The liquidity premium offers a long-term strategy for bond investors to garner returns in this low-interest-rate environment.
Douglas Peebles
December 17, 2025
Distilled alcohol spirit pours into a glass from a whisky still at The London Distillery Company Ltd. in London, U.K., on Thursday, April 24, 2014. U.K. manufacturing confidence rose to the highest in more than four decades as producers became more optimistic on the outlook for exports and hiring, according to the Confederation of British Industry. Photographer: Chris Ratcliffe/Bloomberg *** Local Caption *** Darren Rook
Chris Ratcliffe/Bloomberg
