What are the implications of quantitative tightening for the global bond market?
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
Approaches to fixed income investing - flexible versus conventional?
Michael Cembalest discusses the aches and pains constraining growth around the world, the severity of these ailments, and the degree of contagion from emerging to developed economies.
Learn about the important topics covered in the Outlook and their potential impact on broader markets. Michael Cembalest touches on topics including: the global banking system, oil markets, the credit risk of US states and credit market liquidity.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
What are the bright spots in fixed income?
Do high yield bonds and leveraged loans still have room to run?