Q1 earnings: Back to the future

The first earnings season in the age of COVID-19 is wrapping up, and company reports gave a glimpse into how the pandemic is impacting corporate America.
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FS credit market commentary

APRIL: Markets broadly rallied in April on the back of unprecedented stimulus by Congress and the Federal Reserve | HY Bonds posted their strongest monthly performance since January 2019 while Senior Secured Loans recorded their largest one-month gain since 2009 | A decline in interest rates following an early-month spike boosted the duration-sensitive Barclays Agg
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FS energy market commentary

APRIL: The energy sector rebounded in April along with the market | Midstream was the top performer in the energy sector, with MLPs posting a record monthly return | WTI futures went negative for the first time ever amid an unprecedented demand shock brought on by COVID-19
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