BSJM News and Press, Invesco BulletShares 2022 High Yield Corporate Bon From 05/18/22

This year has seen significant volatility in credit markets given the tumultuous macroeconomic backdrop and hawkish Federal Reserve. Investment-grade bonds, bank loans, and high-yield bonds could perform differently now than in prior risk-off periods due to asset class-specific develo...

Looking for a tactical way to de-risk your portfolio? You might consider rotating a portion of your equity allocation into high-yield bonds. By shifting a modest allocation away from US equities and into US high yield, investors can actually boost risk-adjusted return potential. O...

Usually, widening spreads result in higher defaults. We don't think that's going to be the case this time. Traditionally, investors have viewed high yield as part of the fixed-income markets. Given that rates are going to rise, why would I invest in fixed income now? For fur...

Stocks are on track to register their sixth straight week of declines for the first time since the confluence of the eurozone financial crisis, credit rating downgrade of US Treasuries and a debt crisis debacle in Congress sent equities reeling in the late summer of 2011. When the S&a...

The US equity and fixed income markets are facing challenges due to a slowing US economy along with a significant pivot in monetary policy toward a more hawkish stance. Combating inflation has become a priority, and investor focus has shifted toward the uncertain impact of rising inte...

For investors worried about continued higher policy rates, duration risk can be hedged to various degrees while allowing investors to retain exposure to the credit risk. Many issuers in bank loan and private credit markets issue floating rate instruments where the issuer is exposed to...

Stolen, plundered, looted, and the list goes on. It is what has happened to our portfolios since the beginning of the year. Bonds, equities, you name it. While the Fed’s policies may well help our rate of inflation, now at 9.75%, averaging the PPI and the CPI, I do not see high...

This report seeks to provide macro-level data and insights across several income-oriented asset classes and strategies. The Fed was forced to play catch up after leaving loose monetary policies in place, despite inflationary pressures spreading across the global economy. Volatilit...

It’s been a brutal few months for stocks and bonds alike, as markets have been confronted with risks posed by inflation, tightening monetary policy, and the war in Ukraine. Market volatility has lifted bond yields, which can create better long-term investment opportunities and ...

The map of the Asset Allocation Committee’s market views is a buzz of activity this quarter. Coming into 2022, we anticipated slower growth compared with the steep recovery levels of 2021 and inflation that was declining but persistent—and problematic due to its origins ...