More of our insights
Credit market commentary: December 2022
Credit market performance diverged in December. High yield bonds started the month higher on optimism that inflation may be cooling before hawkish Fed rhetoric weighed on the asset class over the latter half of December.
Hawkish Fed to remain a challenge in 2023?
Markets don’t seem to believe Fed policy makers. This week’s chart looks at why market-based Fed funds rate expectations could drive volatility.
Stock-bond correlation could remain elevated in 2023
As inflation moderates to a still-elevated level, this week’s chart looks at stock-bond correlations across different inflation environments.
5 for ’23: Corporate credit
The 5 big ideas we’ll be watching in corporate credit markets in 2023.
Credit market commentary: November 2022
Markets broadly rallied once again in November on early signs inflation may be cooling and the Fed may soon slow its aggressive pace of rate hikes.
As inflation cools, macro alarms sound anew
The 10Y–2Y yield curve inverted to its deepest level in 40 years. This week’s chart looks at the yield curve over time as macro risks remain prominent.
