Voya’s investment leaders debate the Fed rate cycle, policy questions, and the widening effect of AI’s massive, global buildout.
Typically one of the quieter months of the year, August had plenty to keep us engaged on. We processed lots of new information in securitized markets, mostly macro but some micro developments as well, which we will cover below. As narratives explaining market behavior continue to shift, catalyzed by a wide range of pending deadlines and events, it all sets up for an eventful September.
At a time when corporate credit spreads are tighter than ever, securitized markets still offer attractive relative value. Our take on how to approach it: add diversification, pick your targets, and take some calculated risks.
The securitized credit market has evolved, through economic cycles and crises, into a popular fixed income allocation. However, its breadth, relative youth, and perceived complexities can be challenging for new investors, causing them to miss out on the asset class’s opportunities. Here’s what you need to know.
Having trouble remembering the difference between a CDR and a CRT? We’re here to help.