Fixed Income Perspectives

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Economic Debate Continues, Market Mood Brightens

Economic data seem to confirm our thesis of slowdown, not recession, but do not yet confirm a turnaround; nonetheless, we believe a turning point is approaching.

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What Happened to Corporate BBBond risk?

It was just this summer when many pundits (and some investors) cited over-levered corporations as an ominous sign for corporate bonds. These headlines have largely disappeared. So what happened?

Crystal Ball

Don’t Forget this Important Fact about the Yield Curve

Investors are asking why rates are so low and how much lower they might fall; better to ask whether low rates are still effective.

What Happened to Corporate BBBond risk?

October 23, 2019

It was just this summer when many pundits (and some investors) cited over-levered corporations as an ominous sign for corporate bonds. These headlines have largely disappeared. So what happened?

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Tweet Trumps Fed

August 12, 2019

Recently, we asked which had more clout with investors, the FOMC or President Trump’s tweets. Now we know: tweet trumps Fed.

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Where’s the Risk (Premium)?

March 13, 2019

When valuations reflect good news, risk is generally skewed to the downside. Investors beware: There is no shortage of good news in today’s market.

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