Rising Interest Rates

    Apr 13, 2018

Floating Rate Loans—A Relative Calm in the Storm

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

    Mar 28, 2018

Fed Hike, Fiscal Tailwinds, and Trade War

by: ; Amit Soni, CFA

Last week, the Fed hiked interest rates by 25 bps. This was widely expected, but the hawkish tone surprised the market...

    Mar 26, 2018

Trouble on the Street

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Stock prices plunged last week amid a barrage of headline news. As a result, the S&P 500 Index fell nearly 2.5% on Thursday and another 2.1% on Friday, dropping the Index...

    Mar 21, 2018

Headwinds from the Fed Offset by Fiscal Tailwinds

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Today, the Federal Reserve announced a 25 basis point (bps) increase in interest rates. This marks the sixth increase in...

    Mar 15, 2018

Shortening Duration and Dialing Down Credit Risk in High Yield

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Generating income is a key objective for many investors, and one that is...

    Mar 15, 2018

Buy the Threes, Sell the Fours

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Despite an economy late in its cycle, the U.S. has considerable momentum, and the rate of expansion is likely to accelerate as we move through 2018. We expect to see 3%...

    Mar 6, 2018

High Yield—Reasons for (Cautious) Optimism

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The high-yield bond market has not escaped the market’s recent volatility, although it has been fairly resilient...

    Mar 1, 2018

Multiple Headwinds Pushing Bond Yields Higher

by: ; Amit Soni, CFA

Since last quarter, we have seen a sharp pickup in U.S. Treasury yields. 10-year yields are up more than 80 basis points...