Investors relying on passive bond index funds may find their portfolios too rigid to handle 2026's uncertain interest rate environment, according to Morningstar's latest 2026 market outlook. With the Federal Reserve's rate-cutting path still data-dependent and inflation pressures lingering, bond allocators need strategies that can adapt to multiple scenarios rather than remain locked into a single bet, the report found. The ALPS Smith Core Plus Bond ETF (SMTH) uses an active approach to build around the int ...