Despite rate pause, the Barclays Agg remains underwater
The Barclays Agg remains in negative territory YTD despite a kinder rate environment. We compare core fixed income returns in 2020 and 2021.
With the 10-year’s decline, a sense of false hope?
The Barclays Agg rose in April for the first time since December. Our chart looks at the secular issues that continue to drag fixed income markets.
Rising inflation expectations ripple across the markets
Rates and inflation expectations moved higher this week. Our chart looks at why the Fed isn’t concerned, but markets could remain choppy, nonetheless.
Leveraged credit climbs amid rising rate environments
As Treasury yields jump, flexibility is key. This week’s chart looks at historical returns for credit when yields have risen quickly.
Credit markets a case study on the impact of duration
IG bonds have turned negative over the past 9 months while HY has moved higher. This week’s chart looks at the impact of duration as rates rise.
Amid low rates, CLOs appear attractive
Relative value in the fixed income market? This week’s chart compares CLO spreads to those of HY bonds and explores how to delve into this market.
