U.S. Housing: Headlines Suggest Trouble
November 6, 2018
But what do Mortgage Credit Fundamentals Say?
The Growing Glut of BBB Debt: Risk Now or Later?
Issuance of BBB-rated corporate debt has soared. How should investors be thinking about risk in this environment?
When Markets and Macros Align, Certain Risk-Rewards Can Make Sense
The curious case of triple-C’s and short IG corporates.
The Growing Glut of BBB Debt: Risk Now or Later?
October 25, 2018
Issuance of BBB-rated corporate debt has soared. How should investors be thinking about risk in this environment?
Far from a Tantrum: "Tapering" ends with barely a whimper
October 9, 2018
The Fed ends all re-investments of Treasuries and mortgage-backed securities.
When Markets and Macros Align, Certain Risk-Rewards Can Make Sense
July 27, 2018
The curious case of triple-C’s and short IG corporates.
Happy 5th Birthday Credit Risk Transfer
June 29, 2018
As the market’s fifth birthday approaches, we take a closer look at this growing segment.
Is Tech the Next Credit Bubble?
May 9, 2018
The strong growth in technology debt over the past decade has raised concerns that a bubble may be forming. However, a closer look at the data reveals that tech fundamentals are generally healthy.
Previous Equity Drawdowns Had a Credit Dynamic…Until Now
April 17, 2018
Credit fundamentals remain largely intact.
The Rapid Rise of LIBOR
March 23, 2018
What does the recent surge in LIBOR mean for senior loan investors?
The Rising Tide of Corporate Tax Reform Will Lift All Boats? Not Exactly.
January 30, 2018
Four recent examples highlight the disparate impact tax reform can have on fixed income investors.
High Yield Volatility: Opportunity to Buy or a Symptom of Broader Risk?
November 17, 2017
Analyzing the source of recent volatility can help investors determine if recent spread widening is a symptom of broader systemic risk...