All Fixed Income articles – Page 65
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White papersMacro Perspectives: Supply shocks, stalling growth and inflationary surprises
In this Macro Perspectives, we explore potential policy shifts in 2022, labor dynamics, oil and gas shocks, and the implications of slower growth in China.
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White papersPGIM Fixed Income case study— filtering Asian Green Bonds through our framework
Issuers have myriad incentives— often including a lower cost of capital than a traditional bond—to apply the green label to their bond offerings.
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White papersInvesting in the blue economy
Better ocean health is vital for addressing climate change. As fixed income investors, we’re seeing growing opportunities to make a difference.
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White papersOn My Mind: To work, or not to work…
Of all recent economic trends, sluggish employment growth is perhaps the most important for investors to watch, says Franklin Templeton Fixed Income CIO Sonal Desai.
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White papersThe next phase for private credit markets
The resilience and adaptability of the asset class during the ongoing pandemic has helped to cement private credit’s permanence in the minds of strategic asset allocators.
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White papersFixed Income Perspectives - October 2021
The global economy maintained its positive overall trajectory, though economic indicators grew more mixed. Returns across fixed income were mostly flat to negative for the quarter as an array of developments unsettled the stock market.
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White papersShoppers Jump-Start an Early Q4 Pickup
Stickier price pressures continue to stoke fears of U.S. inflation. Markets are currently pricing in rate hikes, which has led to increases in the short-end of the U.S. Treasury curve. The downward movement in the long-end suggests markets may be worried about a policy mistake.
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White papersCredit events in China (II): Will the property market come crumbling down?
In this second part of our special report, Chi Lo, Senior Market Strategist APAC, assesses whether recent credit events in China risk triggering a property market crash.
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White papersHigh Quality Issuers and Attractive Yields: The Case for Preferred and Capital Securities
The pandemic has significantly impacted global society. Many have lost their lives, while others are suffering with long-term health problems.
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White papersEvergrande and its spill-over effects: ongoing adjustments, but inflection point may be close
Despite Evergrande paid the coupon due on September 23, just one day before the 30-day grace period deadline, the company’s crisis is still unresolved. But it appears to be idiosyncratic and not systemic, as the market impact has been primarily on China’s HY bond index with limited spill-over into the broad EM HY space.
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White papersSustainability in Emerging Markets Debt
Ignoring sustainability in emerging markets debt is, for want of a better term, no longer sustainable.
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White papersPublic/Private Investing: Fixed Income at a Crossroads
As the line between public and private debt markets appears to blur, the ability to draw on the full suite of fixed income asset classes can help investors navigate a wide range of market environments—through complementary sources of risk and return prospects, enhanced diversification and improved return potential.
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White papersThe Risks Ahead That No One Fully Understands
The economy may return to more “normal” patterns next year, but it will also bring hazards we have never seen before.
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White papersThe Next Generation of Business Development Companies
Jon Bock, CFO of Barings BDC, describes the transformational development of BDCs as an asset class, explains the trends driving M&A in the space and sheds light on why the asset class continues to garner increased attention from investors.
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White papersThe Brave New World
Supply chain disruptions persist, making the global reopening much less smooth. Contagious variants still weigh on activity, and vaccination levels in major emerging markets have progressed marginally. An energy price shock has added to the unpleasant mix.
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White papersCredit events in China (I) – The macroeconomic impact
In this first of a two-part report, Chi Lo, Senior Market Strategist APAC, examines the macroeconomic impact of China’s latest credit events. In part II, he assesses whether these same events could trigger a property market crash.
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White papersFor the Global Economy, It’s Next Stop…Policy Normalization
November is likely to mark the start of a transition phase for the global economy. For almost two years, major central banks have thrown extraordinary waves of support into shoring up economic activity and financial markets against the COVID-19-induced crisis. Now, officials in many countries seem ready to begin the march back toward a more normal policy setting.
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White papersInflation and supply chain disruption: Impact on the sectors
Inflation and supply chain disruptions, along with the moderating pace of the post-pandemic earnings recovery, have made us more cautious on corporate fundamentals as we enter Q3 reporting season. While we do not expect a material deterioration in credit profile on the back of these factors, the more challenging operating environment does require caution from credit investors.
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VideoUS Economic Outlook: Inflation, Growth and the Fed
Most measures of inflation are at multiyear highs. Headline inflation has gone up 5.4% over the last 12 months, and that’s a rate of increase that we haven’t seen in more than a decade.
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Research ReportDirect lending: how senior is your debt?
Within private credit, direct lending offers a wide range of options for investors seeking the right balance of risk and reward for their particular needs
