A lot has been written about the Republican tax plan. However, the bulk of it has focused on the dividend and buyback angle.
It’s no secret that lower corporate taxes and repatriated cash have boosted the amount of cash companies have to reward their shareholders. But the plan has other positive effects as well.
Namely, on the fixed income side of things.
Corporate bond investors have a lot to smile about when it comes to repatriated cash and the Republican tax plan. Much like the equity side of things, corporate bonds will benefit. Lower supply and higher demand could make a for a big-time rally in the bond sector.
Learn more about the tax plan and its benefits here.