Reaching for yield, which we define as buying bonds with wider spreads after controlling for sector and rating impacts, is a topic that frequently arises in the life insurance industry.
Bill Eigen, CIO of Absolute Return and Opportunistic Fixed Income Investing, explains today’s fixed income markets.
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
The key political, macro and credit risks that insurers may want to address in 2019.
Measuring book yield correctly
Markets, economy, stocks, growth, global, fixed income, international, asset classes
David Kelly, the Fed, interest rates
What investors should consider
A summary of the factors driving global markets over the last month.