April 17, 2018 Who’s Afraid of Rising Rates? by Douglas J. Peebles Investing 101 tells us that rising interest rates are bad for a bond portfolio. But if you’ve got a long investment horizon, that isn’t necessarily so. We think investors should be more concerned about the end of the credit cycle than rising rates. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
April 11, 2018 Inflation? For Muni Investors, the Right Strategy Is Key by Daryl Clements Should municipal bond investors be thinking about inflation protection? Without a doubt. But some inflation strategies are better than others. Choosing the right one could make all the difference. Fixed Income, Inflation, Municipals, Rising Rates Likes 0 SHARE Bookmarks
March 26, 2018 What to Do About Rising Rates? Just Give It Time. Worried about rising rates? Don’t take your money out of the municipal market and put it in cash. That could cost you. Fixed Income, Municipals, Rising Rates Likes 1 SHARE Bookmarks
March 21, 2018 Emerging Markets, Emerging Political Change by Shamaila Khan A lot of positive political change isn’t reflected in emerging market (EM) asset prices. EM investors still demand extra return for political risk even though that risk is going down in some countries—and opportunities are increasing. Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
March 20, 2018 The Surprising Solutions to Managing a Rising-Rate Environment by Douglas J. Peebles What should bond investors do when rates are rising and the credit cycle is ending? Perhaps not what you would expect. But getting this right can be critical for the health of your fixed-income allocation. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
March 14, 2018 Want to Survive a Rising-Rate Environment? Avoid These Mistakes. by Douglas J. Peebles It’s human nature to want to protect your portfolio when the market takes a sharp turn. But too often, bond investors make the wrong choices when interest rates rise and credit cycles end. This can have disastrous consequences for returns. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
March 06, 2018 The End Is Near for the US Credit Cycle. Are You Prepared? by Douglas J. Peebles The US corporate credit cycle is nearing its end, and the cycle in parts of Europe isn’t far behind. This can create treacherous conditions for unprepared investors. The first line of defense, in our view, is knowing what to expect. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
February 27, 2018 EMD: A Survivor—Past, Present, Future by Shamaila Khan, Christian DiClementi Following a strong 2017, emerging-market debt (EMD) held its own in January despite a sharp rise in US interest rates. That’s no accident. Economic fundamentals have improved dramatically, leaving EMD well positioned to withstand future turbulence. Emerging Markets, Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
February 26, 2018 Why Defaults Aren’t Likely to Rock High Income’s Boat Worried about rising defaults? There are good reasons not to be. Not only do high defaults not translate into poor high-yield returns, but we don’t expect a slew of defaults in 2018. Fixed Income Likes 0 SHARE Bookmarks
February 21, 2018 Inflationado? Muni Investors Should Seek Cover by Daryl Clements US inflationary pressures are developing that could be destructive. Investors need to seek protection quickly. But how? For municipal investors, some inflation strategies fall short, leaving portfolios at risk. Fixed Income, Inflation, Municipals Likes 0 SHARE Bookmarks
February 20, 2018 Why Rising Rates Aren’t a Disaster for Bonds by Matthew Sheridan, Monika Carlson Bond investors get anxious when rates rise suddenly, as Treasury yields have recently. But if your investment horizon is longer than a few months, rising rates are nothing to be afraid of. Emerging Markets, Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
February 19, 2018 Passive Investing Hurts Emerging-Market Debt Investors Think emerging-market debt might as well be managed passively? Think again. Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
February 13, 2018 Why the US Government Should Guarantee Your Mortgages by Michael S. Canter, Janaki Rao Congress may finally be inching toward an overhaul of the US housing finance system. That’s good. But getting reform right is more important than getting it done. To us, that means ensuring the government retains a clearly defined role in the mortgage market. Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks