Insights

This week’s chart looks at the huge gap between the Fed’s and investors’ rate cut expectations today, and why that could signal volatility ahead.

Leveraged credit declines in May | Prices decline to two-month lows despite stable fundamentals

Correlation between stock returns and bond yields has declined considerably. See what this could mean for forward-looking returns.

Leveraged credit rises in April | Leveraged credit yields tighten, loans trade tight to high yield

Treasury rates fell following the Fed’s dovish tone at their March meeting, boosting the more duration-sensitive Barclays Agg.

See how investor interest in high yield bonds and senior secured loans has shifted in what’s now a firmly accommodative environment.