Alyssa Irving, Fixed Income Portfolio Manager, discusses the CLO equity asset class, highlighting its diversification potential, risk-return dynamics, and the crucial role of managers.
Government bond yields across major developed economies have risen to levels not seen in years. The move has been accompanied by increased volatility, as markets have become more sensitive to macroeconomic data and policy expectations. US 10-year yields reached their highest level since 2002 before easing, as oil prices fell and following a well-received bond auction.
Stephanie Foster, Senior Credit Research Analyst, discusses the importance of a consistent analytical process in credit research, the role of intuition and judgement, and the evolving nature of the finance industy. She emphasizes the need for networking, adaptability, and promoting the industry to younger generations.