More of our insights
Q4 2020: Staying active
While uncertainty is still top of mind, we believe active managers will find opportunity in the dispersion across asset classes, industries and ratings
Treasury market quiets as equity volatility picks up
Treasury rate volatility has flatlined since April. Our chart looks at why yield-hungry investors may need to find new ways to generate income.
The implications of a rising default rate
Many cite the coming wave of defaults as cause for concern, but history tells us otherwise
Credit market commentary: August 2020
Credit markets climbed steadily higher throughout a relatively quiet August, with HY Bonds and Senior Secured Loans returning 0.98% and 1.49%, respectively. Interest rates rose throughout the month following the Fed’s inflation policy shift, sending the duration-sensitive Barclays Agg down -0.81%.
Rates, edging higher, could put bond returns at risk
With inflation stirring, rates caught investors’ attention this week. Our chart looks at the tough position rising rates could put bond investors in.
Credit market commentary: July 2020
The recovery in markets continued in July as optimism surrounding reopening and further stimulus measures outweighed fears of rising cases. HY Bonds and Senior Secured Loans returned 4.78% and 1.96%, respectively. Interest rates fell steadily throughout the month, boosting the duration-sensitive Barclays Agg, which returned 1.25%.