Today marks the launch of Philadelphia Financial Scholars, a new 501(c)(3) nonprofit that aims to help Philadelphia high school students and their families take on systemic challenges and develop wealth-building tools through access to financial literacy and entrepreneurship education.

What reflation is, how it has historically been manifested, and what it means for today’s equity markets.

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.

How far will yields go — and why now?

Bonds were tested by a sharp interest rate spike and declined slightly alongside equities over the last two weeks of February but remained positive on the month, returning 0.35%. Loan prices remained firm, as the asset class outperformed bonds, returning 0.59%.

Energy was the top-performing sector in the S&P 500 for the second consecutive month.

Value stocks are showing signs of life as rates rise. This week’s chart looks at the change and suggests flexible mandates are more important than ever.

Why these structured credit investments deserve a second look, even in today’s tight spread environment