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Securitized Products

Highlights Duration: The waning impact from fiscal stimulus and the drag from weak foreign economic activity will cause U.S. growth to slow as we enter 2019. But with market-implied rate hike expectations still depressed, we are inclined to maintain below-benchmark portfolio duration. Yield…
Highlights Chart 12015 Repeat? 2015 Repeat…
Highlights Chart 1Second Half Rebound Second Half Rebound…
Highlights Chart 1Wage Growth Playing Catch-Up To Curve Wage Growth Playing Catch-Up To Curve…
Highlights Chart 1Yield Curve Suggests GDP Growth Has Peaked Yield Curve Suggests GDP Growth Has Peaked…
Highlights Duration: Weakening global growth is unlikely to derail the Fed, which must also contend with mounting domestic inflationary pressures. Maintain below-benchmark portfolio duration and only a neutral allocation to spread product versus Treasuries. MBS & CMBS: Non-Agency CMBS offer…
Dear Client, Geopolitical analysis is a fundamental part of the investment process. My colleague, and BCA's Chief Geopolitical Strategist, Marko Papic will introduce a one-day specialized course - Geopolitics & Investing - to our current BCA Academy offerings. This special inaugural…
Highlights Chart 1Risks To The Bond Bear Market Risks To The Bond Bear Market…
Highlights Chart 1Interest Rate Expectations Interest Rate Expectations…
Highlights Chart 1Inflation Pressures Mount Inflation Pressures Mount…