High-Yield
Highlights Chart 1Are Expectations Too Dovish?
Are Expectations Too Dovish…
Executive Summary Peak Fed Funds?
Peak Fed Funds…
Executive Summary We posit three conjectures about the US economy: Inflation has an easy path back to 4%, but a move to 2% will require a higher unemployment rate. It will be more difficult to raise the unemployment rate than many anticipate. The Fed will tolerate a higher unemployment rate…
Highlights Chart 1Are Expectations Too Dovish?
Are Expectations Too Dovish…
Executive Summary An Optimal Control Policy
An Optimal Control Policy…
Executive Summary Calculating Trend Inflation
Calculating Trend Inflation…
Highlights Chart 1Wage Growth Is Cooling
Wage Growth Is Cooling…
Executive Summary European Spreads Have Cheapened Up More Than US Spreads
European Spreads Have Cheapened Up More Than US Spreads…
Executive Summary First IG, Then HY
First IG, Then HY…
Dear Client, This week, the US Bond Strategy service is hosting its Quarterly Webcast (May 17 at 9:00 AM EDT, 14:00 PM BST, 15:00 PM CEST and May 18 at 9:00 HKT, 11:00 AEST). In addition, we are sending this Quarterly Chartpack that provides a recap of our key recommendations and some charts…