Credit market commentary: June 2018
High yield bonds and senior secured loans gain in June. Yield curve flattens on rising rate expectations.
Energy market commentary: May 2018
The energy market saw its second straight positive month with the AMZX and AMEIX outperforming both S&P Energy and HY Energy.
Credit market commentary: May 2018
Interest rate sensitivity drove returns during the month as higher-duration assets tended to outperform as 10-year Treasury rates fell.
Energy market commentary: April 2018
Energy markets broadly rebounded in April on the heels of increasing commodity prices and improving fundamentals.
Credit market commentary: April 2018
As interest rates rose, high yield bonds and senior secured loans outperformed more duration-sensitive asset classes.
Energy market commentary: March 2018
While business fundamentals for the energy sector remain generally supportive, investor sentiment, especially for MLP and midstream equities, remains particularly negative. This has resulted in historically cheap valuations for energy infrastructure.