More of our insights
Credit market commentary: October 2022
Credit rallied last month alongside broader markets. High yield rose 2.85% while floating rate senior secured loans gained 1.03%.
The Agg is no longer balancing equity volatility
As rates keep rising, this week’s chart looks at the 60/40’s historically poor performance, as the Agg has not balanced stocks’ negative returns.
Credit market commentary: September 2022
Markets were gripped with volatility once again in September. Stubbornly high inflation, hawkish Fed rhetoric and poor earnings results in certain economic bellwether stocks weighed on markets with little reprieve.
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.
