A greater “range of motion” for bond market activity

The volatility of the past couple of weeks supports our base case of a recession, as tight monetary policy has caused stress in the banking sector while inflation persists. We assess recent central bank actions and their implications for fixed income portfolios.

Where to position now in IG credit

The quick resolution to issues with a global systemically important bank in Europe, and the swift action from the Federal Reserve and US government to stem a regional banking crisis, are significant events in market history.

Rate hikes – A fork in the road

Ongoing inflationary pressure, combined with the recent challenges in the US regional banking system, poses a rate-hiking dilemma for policymakers.