Markets, economy, stocks, growth, global, fixed income, international, asset classes
This paper examines the U.S. commercial mortgage loan (CML) market and U.S. insurers’ investments in CMLs.
The arrival of the bond bear market, continued normalizing of monetary policy and need to finance expanding U.S. budget deficits, long-term rates are set to rise.
Learn more about J.P. Morgan’s views on fixed income, the economy and markets.
Market sentiment towards the Chinese currency has shifted significantly
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
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.
Since the financial crisis, for a relatively liquid investment CLOs consistently have had the highest spreads net of capital costs for US life insurers.
The performance of the US dollar significantly diverged from relative rate spreads.
Dr. David Kelly discusses the economic impact of the ECB’s decision to use NIRP to boost the European economy.