More of our insights
Q4 2022 Corporate credit outlook: At a crossroads
Our research team recaps what has happened in credit this year, and how market volatility could impact key sectors in the coming months.
Volatility sinks Treasuries’ risk-return relationship
The risk-return relationship for the risk-free rate has grown riskier. This week’s chart shows the 2-year note’s Sharpe ratio turning deeply negative.
Volatility escalates as yields march higher
As short-end rates march higher, this week’s chart looks at growing rate volatility from two perspectives: weekly yield changes and the MOVE Index.
Q4 Corporate credit outlook: At a crossroads
With the market environment at a critical juncture, we examine the potential outcomes for credit in the final months of the year.
Credit market commentary: August 2022
Credit markets were mixed last month. High yield built on its July rally in the first half of the month before surrendering those gains, ending August down -2.83%. Floating rate senior secured loans ended August up 1.54%.
Decoding default risk: What are credit markets telling us?
While the economic environment is unclear, we believe we can glean valuable insights about credit markets from implied market default rates.
