Fixed Income
We dig into the USD-denominated Emerging Market Sovereign Index to see which credit tiers and countries offer value relative to US Credit.
ASEAN stocks and currencies will weaken further as these economies face multiple headwinds. Raising policy rates did not stop a sliding currency in the past, it is unlikely to do so now.
Manufacturing Activity Is Not At An Inflection Point…
Favor TIPS Over Gold As Inflation Hedge, But Underweight TIPS vs Nominal…
Junk Bonds Are Ignoring The Rise In Unemployment…
US CPI Inflation Eases In April…
Our updated views on Treasury yields and Fed policy following this morning’s CPI report.
Why Aren't High Rates Cooling Australia's Housing Market…
US Economic Surprise Index Points To Lower Bond Yields…
German Bunds have cheapened considerably, and the ECB is about to start cutting rates. Does this combination guarantee immediate profits from buying these bonds?