BSJM News and Press, Invesco BulletShares 2022 High Yield Corporate Bon From 06/06/22

The search for value is on, particularly in short to medium duration. We believe yield translates into return potential, and it’s an opportune time to assess current yields in the context of the durability (or lack thereof) of the Fed’s recently aggressive monetary polic...

Investors are shifting their focus from runaway inflation to slowing global growth as central banks hike rates to tame price pressures. Today’s corporate bond issuers are in much better shape financially than issuers entering past recessions. Companies have been focused on ...

Each time a more substantial market correction occurred, Central Banks acted to provide the “neutral stimulus.”. Investors have been under a tremendous amount of pressure this year. The Fed doesn’t mind a “disinflation” in asset prices to reduce ...

Monetary policy is meant to alter market behavior as the Fed tries to steer the economy toward its dual mandates of price stability and full employment. The stock market correction has been painful, and it may not be over. Avoiding pitfalls in fixed income is always important, eve...

With passive investments, investors can seek to quickly and efficiently gain exposure to credit assets when markets are down and withdraw after they have risen. One could potentially get a spread pickup of over 150 basis points for one BBB senior bond versus another with a similar dur...

Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM) - $0.0483. 30-Day SEC Yield of 5.83% as of May 20. Payable May 31; for shareholders of record May 24; ex-div May 23. For further details see: Invesco BulletShares 2022 High Yield Corporate Bond ETF declares monthly distribut...

There is no shortage of reasons for inflation’s push higher this year – commodity shortages due to the war in Ukraine, continued demand for housing amidst strong fundamentals, and low inventory and fresh lockdowns in China creating new waves of supply chain issues. Reces...

The primary concern for the public is by far inflation, not recession risk, and not the risk of a bear market in stocks given news headlines as a gauge of importance. The prior tightening seen in financial markets (10-yr UST yield jump) will likely weigh on future growth as measured b...

We have written previously about how hard it is for the Federal Reserve to determine policymaking interest rates when there is a simultaneous aggregate demand shock and aggregate supply shock. Finding a neutral real interest rate in periods of coincident epidemic shock and war shock i...

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...