September 30, 2020 US Treasuries, German Bunds Still Anchor to Windward Recent history suggests that low—and even negative—yields don’t eliminate the offset to risk assets provided by government bonds. Fixed Income, Low-Yield Environment Likes 1 SHARE Bookmarks
September 23, 2020 Making Sense of ESG Bond Structures by Shawn Keegan, Salima Lamdouar Investors are eager to buy bonds that help create a better, more sustainable world. Here’s how to navigate the evolving landscape. Fixed Income, Responsible Investing/ESG Likes 1 SHARE Bookmarks
September 22, 2020 How Currency Hedging Can Boost Yield by Erin Bigley Today’s low and negative global yields may look much more attractive after hedging into US dollars. Currency, Fixed Income, Low-Yield Environment Likes 1 SHARE Bookmarks
September 15, 2020 The Myth of Low Yields and Low Returns by Erin Bigley Don’t fear low yields. Low and negative yields don’t necessarily mean low or negative returns. Fixed Income, Low-Yield Environment Likes 1 SHARE Bookmarks
September 08, 2020 Don’t Ditch Duration by Erin Bigley Giving up duration creates its own risk. Instead of ditching duration, investors should consider pairing government bonds with an allocation to credit. Fixed Income, Low-Yield Environment Likes 1 SHARE Bookmarks
September 02, 2020 2020 US Election: What the Polls Could Mean for Policy and Markets by Eric Winograd With US elections about two months away, investors are intensifying their focus on the presidential and congressional contests. Historically, political transitions haven’t had much impact on the economy and markets, but this time could be different. Economics, Fixed Income, Policy & Regulation, US Election Likes 0 SHARE Bookmarks
August 25, 2020 For Muni Investors, COVID-19 Provides Lessons in Liquidity by Guy Davidson Investors flock to municipals to meet safety, income and after-tax return goals. But investors should consider how they gain exposure to the asset class. Coronavirus, Fixed Income, Municipals, Volatility Likes 0 SHARE Bookmarks
August 24, 2020 Don’t Shun Global Bonds by Scott DiMaggio, Ronit Walny Interest rates are at extreme lows around the world, and they’ll likely stay low for some time. Does this mean US-based investors should revert to a US-only bond strategy? Currency, Fixed Income, Low-Yield Environment Likes 0 SHARE Bookmarks
August 05, 2020 China’s Higher Bond Yields Buck the Global Trend by Brad Gibson Government bond yields have tumbled globally but China’s yields have risen to pre-COVID-19 levels. The RMB hasn’t yet reacted to the favorable rate difference, and we think bond yields are likely to decline moving forward—a favorable landscape for China bonds. China, Coronavirus, Currency, Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
July 28, 2020 The Trillion-Dollar Question: Will the Corporate Borrowing Binge Cause Lasting Damage? by Susan Hutman US Investment-grade corporate bond issuance has rolled past US$1 trillion so far in 2020. What are the long-term effects of this explosive borrowing? Coronavirus, Fixed Income, Late-Cycle Investing Likes 0 SHARE Bookmarks
July 23, 2020 Small Ways Muni Investors Can Make a Big Difference by Eric Glass, Michelle Dunstan Investors increasingly want to align their financial goals with a commitment to improving the lives of others. Two recent projects showcase how municipal bond investors are making an impact. Fixed Income, Municipals, Responsible Investing/ESG Likes 1 SHARE Bookmarks
July 09, 2020 Midyear Outlook: Bond Investing in the Era of Low and No Yield by Scott DiMaggio, Gershon Distenfeld Low yields plus rising defaults seemingly leave little ground for bond investors seeking safety or income—or both. But for investors who remain flexible, those objectives aren’t as distant as many think. Coronavirus, Fixed Income, Low-Yield Environment, Volatility Likes 0 SHARE Bookmarks
July 06, 2020 The Credit Barbell Isn’t Broken. Here’s Why. by Matthew Sheridan, Monika Carlson Even with today’s low yields, credit barbell strategies can still meet their objectives of downside protection, upside participation and efficient income. Fixed Income, Low-Yield Environment, Volatility Likes 0 SHARE Bookmarks