TY - JOUR T1 - Style Investing in Fixed Income JF - The Journal of Portfolio Management SP - 127 LP - 139 DO - 10.3905/jpm.2018.44.4.127 VL - 44 IS - 4 AU - Jordan Brooks AU - Diogo Palhares AU - Scott Richardson Y1 - 2018/03/31 UR - https://pm-research.com/content/44/4/127.abstract N2 - Style investing has become part of the investing nomenclature for equity markets. To date, despite the massive size of fixed-income markets, little research has examined the efficacy of style-based investing in fixed income. In this article, the authors summarize a common style-based framework for capturing excess returns for both government and corporate bonds. Importantly, from an investor perspective, these style-based excess returns are highly diversifying with respect to the classic risk premiums in fixed-income markets (i.e., term premium and credit risk premium) and exhibit low macroeconomic sensitivities.TOPIC: Style investing ER -