Rising Interest Rates

    Jun 19, 2018

Keeping an eye on the “quiet” week ahead

by:

The Federal Reserve responded to very strong economic data by raising interest rates 25bps and lifting the median estimate for future rate levels in 2018 and 2019 very slightly...

    Jun 12, 2018

Managing risks in the high yield market

by:

With below investment grade corporate bond issuance at nearly high record levels, short term interest rates on the rise and credit spreads below their long term average...

    Jun 11, 2018

Solving real-world, fixed-income investor problems

by:

Financial products exist, or should exist, for a very specific reason: to solve real-world investor problems...

    May 22, 2018

Short-term municipal bonds: Capitalizing on a rising tide

by:

Looking back through our commentaries over the last few years, our focus has generally been on portfolio positioning...

    May 10, 2018

Convertibles Shine through Clouds of Volatility

by:

Well, it had to end at some point. For a while in 2017, it seemed like wherever you invested, you would earn a...

    May 3, 2018

What’s Up with the Dollar?

by:

As is often the case in reading tea leaves (or before that, entrails), the future is in the eye of the beholder: what’s objectively in front of you is open to interpretation...

    Apr 26, 2018

Merging ETFs and Merger Arbitrage

by:

Global merger and acquisition (M&A) activity hit a 17-year high in the first quarter of 2018, according to Mergermarket. In aggregate, there were nearly 3,800 deals—totaling ...

    Apr 13, 2018

Floating Rate Loans—A Relative Calm in the Storm

by:

After years of relative tranquility, financial market volatility has returned with a vengeance, impacting both stocks and bonds alike...