Fixed - income: Regardless of country or supra - national
market, the fixed - income fund should have holdings throughout the
entire length of the yield curve (most available maturities), as well as being a mix of government,
municipal (general obligation), corporate and high - yield
bonds.
Fed policies could affect the
entire fixed - income
market, from U.S. Treasuries and
municipal bonds to riskier corporate debt that typically offers higher yields.