HYDD News and Press, Direxion Daily High Yield Bull 2X Shares ETF From 04/26/20

Investment thesis: the bond market has made great strides towards stabilization, largely due to the Federal Reserve Acting as the lender of last resort. Investors that are looking for higher yield could consider more conservative investments in the [[IEF]] (the 7-10 year Treasury) or the [[VCI...

With trillions of dollars of fiscal and monetary policy support being injected to fight the coronavirus crisis, we are fielding a lot of questions from clients about the inflationary consequences of these massive government interventions. Low inflation likely next 1-2 years Time horizon ...

When the Fed stepped in, were corporate bonds "illiquid," the market "dysfunctional," or were the prices just low, as they should be in advance of a Great Recession with a larger bankruptcy risk? Did the Fed "liquefy" the market, "intermediate," grease the wheels, or is it just buying, and pro...

By John Beck, Director of Fixed Income, London, Senior Vice President, Franklin Templeton Fixed Income When times of turmoil hit, most investors become risk-averse, seeking safety over opportunity for higher returns. The coronavirus-driven crisis is no different in that regard. However, J...

One year ago the U.S. economy was robust with unemployment at historically low levels and real incomes rising. No one would have predicted that a year later the economy would come to a halt and more than 20 million people would be applying for unemployment benefits. This reversal was not due t...

It finally happened. On Monday, we saw negative oil prices. The price of West Texas intermediate crude oil dipped below zero and not by a trivial amount. The price of the front month contract fell below negative $40 per barrel. In movement that should be mathematically impossible, the ...

By Kevin Flanagan There's no rest for the Federal Reserve (Fed). Another week, another facility, but this time around it did not involve the money and bond markets. Rather, it was a program geared toward the small business sector of the economy. With the alphabet soup of facilities that ha...

The collapse in oil prices has put renewed downside pressure on breakeven inflation expectations, which are now priced at levels which we think are completely out of line with the fundamental inflation outlook facing the U.S. economy. The ProShares Inflation Expectations ETF ( RINF ) tracks th...

By Robin Marshall, director, fixed income Given the recent dislocation of global supply chains, some commentators have raised the prospect that inflation will return as aggregate demand recovers because of a negative supply-side shock from the coronavirus and its impact on capacity. Is thi...

By Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income Is history repeating itself or is the coronavirus crisis something completely different? In our latest "Talking Markets" podcast, Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income, explains how ...