Markets, economy, stocks, growth, global, fixed income, international, asset classes
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
The performance of the US dollar significantly diverged from relative rate spreads.
How hedging against rising rates with credit—rather than sovereign bonds—can offer a better trade-off between liability-relative risk and return.
David Kelly, the Fed, interest rates
Implications for insurance capital requirements
This paper examines the U.S. commercial mortgage loan (CML) market and U.S. insurers’ investments in CMLs.
This full report is a comprehensive and detailed analysis of our 10-to 15 year asset class forecasts. US version.