Fixed income
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Municipal bond market update: a crisis averted
The Fed’s historic policy backstop and the government’s $2+ trillion fiscal stimulus could go a long way toward shoring up muni market sentiment. And yet caution remains warranted for muni bond investors.
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Yields fall as the coronavirus spreads: our outlook for fixed income
U.S. Treasury yields hit record lows with new cases of the coronavirus cropping up in Europe and the United States. Calls are growing for the Fed to act. We take a closer look at the risks in the bond markets.
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Coronavirus breaks out beyond China: the implications for emerging-market debt
The potential economic consequences of the coronavirus extend well beyond China's borders. We take a closer look at the ramifications to manufacturers, supply chains, and emerging-market debt.
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Infrastructure and municipal bonds—Washington gridlock and your portfolio
Without an infrastructure spending bill, some U.S. states are funding improvements in the municipal bond market. Associate Portfolio Manager Dennis DiCicco provides insight.
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The waiting game: the Fed signals it may keep rates steady through 2020
The Fed recently discussed its intention to hold interest rates steady through the end of 2020. Does the pause signal confidence in the U.S. economy? Or concerns about broader global tensions? We take a closer look.
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California wildfires potential impact for muni bond investors
The California wildfires are an important reminder for muni bond investors to assess weather-related risks at both the state and issuer levels.
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The growth in covenant-light loans why history will not repeat itself in the next credit cycle
The number of cov-lite loans has grown significantly since the 2008 global financial crisis. But the evolving market doesn’t necessarily mean investors have less to worry about in the next downturn. We break down the implications.
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Argentina's primary election: unexpected results, but what's next for investors?
Argentina's primary elections appear poised to hand a surprise victory to the underdog candidate, and markets have been roiled by the news. We take a closer look at the implications for the country and investors.
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The Fed's rate cut is an insurance policy, not a distress signal
The Fed's decision to cut rates for the first time since 2008 wasn't exactly a surprise to the markets—but it shouldn't be viewed as the start of a longer-term trend. We examine the factors behind the move.
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A closer look at Morningstar's new core and core-plus categories
Morningstar recently changed how it classifies intermediate-term bond funds, essentially splitting the category in two. Watch this video to learn more about the implications for investors.
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