More of our insights
COVID-19 impact on corporate credit markets
Recent market volatility points to heightened uncertainty surrounding the COVID-19 outbreak.
Stocks soar but income challenges persist
Is relief in sight on the income challenge? Not if you’re counting on traditional sources. This week’s chart shows why alternative sources may be needed.
Credit market commentary: January 2020
January was a mixed month for leveraged credit. HY Bonds ended January flat while Senior Secured Loans returned 0.56%. The duration-sensitive Barclays Agg rallied as rates fell over 40 bps over the course of the month.
Diverging durations leave corporate bond investors increasingly exposed
Are your investments more vulnerable to price loss if interest rates move higher? This week’s chart shows how durations have diverged on investment grade and high yield bonds.
Declining income, rising duration leave bond investors vulnerable
Are bond investors prepared for higher interest rate risk? This week’s chart looks at why they may need to seek income and stability from alternative sources.
Q1 2020: Being selective in 2020
In this report, Robert Hoffman outlines his expectations for positive, primarily income-driven returns for HY bonds and senior secured loans this year.
