All Corporate Bonds articles – Page 6
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White papersAn Ocean of Difference
‘Copy and paste’ your U.S. inflation outlook onto Europe and you may miss the opportunity in core European bonds.
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White papersWith trillions looking to come off the subs bench is this the year of the bond?
After an aggressive global rate hiking cycle trillions of dollars are poised to re-enter the market once central banks begin to ease, but risks still remain. The fixed income experts discuss generating returns despite market noise, including taking advantage of the expanding corporate bond market.
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White papersFixed Income Outlook – Corporate bonds still a bright spot
We expect corporate bonds to deliver positive returns in the coming quarters, primarily due to the attractive yields. With money market rates becoming less attractive as interest rate cuts loom, further supporting inflows into corporate bonds look likely.
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White papersWhere are the Opportunities in Corporate Bonds Now?
Bonds are back – but with changeable forecasts for inflation, and lurking geopolitical tensions, credit selection is more important than ever for fixed income investors. We spoke to five corporate bond managers from across Generali Investments ecosystem to understand where they’re finding opportunities and avoiding pitfalls in today’s global corporate bond markets.
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White papersEM Debt: The Benefits of a Blended Approach
The EM debt universe—larger, more diverse, and of higher-quality than generally perceived—offers compelling opportunities today. But given the uncertainties ahead, there are potential benefits to taking a blended approach.
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White papersWhat’s going on with IG corporate bonds?
New investment grade corporate bond issuance is pouring into the market, says John Gentry, Senior Vice President, Senior Portfolio Manager, Head of Corporate Fixed Income Group, Federated Hermes Inc.
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White papersCorporate fundamentals: Opportunities and challenges within credit dispersion
Reporting season will be crucial in our assessment of corporate credit fundamentals.
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White papersAdded Value in ABS
Corporate credit offers tight spreads and a broad consensus—might the complex crosscurrents of securitized products be more interesting?
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White papersThe Importance of Monitoring Credit Spreads In Positioning Equity Portfolios
On February 5, 2024, the yield spread between the Baa corporate bond and the 10-year Treasury bond sat at 157 bps—just 9 bps wider than the narrowest level seen since 2000.
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White papersThe fight against inflation enters extra time
Despite closing in on their inflation targets, US and European central bankers appear hesitant to cut rates. Jonathan Gregory explores the differing drivers behind this, as well as the overall implications for bond markets.
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White papersMacroeconomic and financial market forecasts - February 2024
Macroeconomic forecasts as of 2 February 2024
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White papersThe (Still) Compelling Case for Broadly Syndicated Loans
Even as the rate-hiking cycle looks close to its end, loans look well-positioned for strong performance in the year ahead, due largely to the high contractual income on offer.
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White papersFixed Income Quarterly – Corporate bonds: a brighter outlook as clouds lift
We expect global corporate bonds to be supported in 2024 by a soft landing in the major developed economies and easier monetary policy. Overall, we believe company fundamentals are robust, particularly in the investment-grade market, with high cash levels, low leverage, and encouraging earnings expectations.
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White papersTreasury yields mixed on strong economic data
U.S. Treasury yields were mixed last week and spread sectors outperformed as fourth quarter U.S. GDP exceeded expectations. The market continues to price in a 50% chance of a U.S. Federal Reserve rate cut by March, and around five total cuts for this year.
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White papersOpening Bell – an excess of pessimism about the economy, though not in markets
We expect 2024 to outperform the current pessimistic economic forecasts but struggle to beat the optimism priced into equity markets.
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White papersNow may be the time for core bonds: Five themes for 2024
With inflation falling and the US Federal Reserve (Fed) signalling an end to its historic tightening cycle, the landscape for bond investors is beginning to look much clearer. Even after a sharp rally in late 2023, yields still look more attractive than they have in a decade.
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White papersMacroeconomic and financial market forecasts - January 2024
Macroeconomic forecasts as of 10 January 2024
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White papersCorporate Credit Outlook 2024: High Tide for Yield?
Weakening economic fundamentals shouldn’t scare away corporate bond investors in 2024—provided they keep a close eye on credit quality.
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White papersSurfing the Curve With Short-Duration Credit
Why short-dated bonds may offer the most attractive risk-adjusted yield as the economy slows.
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White papersA Compelling Value Proposition in EM IG Corporate Debt
Elevated yields, improving credit quality and lower interest rate risk are presenting a strong case for EM investment grade corporate debt—especially in a soft landing scenario.
