IGBH News and Press, iShares Interest Rate Hedged Long-Term Corporate Bond From 03/15/23

2023-03-15 22:25:00 ET Summary The failure of Silicon Valley Bank, along with Silvergate Bank and the Signature Bank of New York, has created what is possibly an inflection point in the bond markets. The effect on the fixed-income markets has been nothing short of astonishing. ...

2023-03-10 07:47:00 ET Summary Aggressive Fed tightening over the past year or so has devastated the value of bond portfolios because interest rates have risen by more and faster than during any prior bond bear market. The bond market is signaling that the outlook for the economy ...

2023-03-08 00:27:00 ET Summary UK investors have bought into government bonds (particularly US) and have continued to sell down UK equities - of pretty much any flavour, despite a decent relative performance over the past year. Financing conditions are expected to remain tight, an...

2023-03-07 05:10:00 ET Summary Stocks generally perform much better when inflation is falling than when it is rising. Rates are in a short-term and intermediate-term uptrend. Growth may be a little better than expected and inflation may be a little worse. With the ...

2023-03-06 06:00:00 ET Summary The dollar melt-up was a major factor stoking global de-risking/deleveraging. The Federal Reserve needs to deemphasize its fixation on - and worries for - the financial markets. Unexpectedly weak jobs and earnings gains would likely spark a short...

Summary Last year proved a brutal one for fixed income - particularly for US corporate bonds, as credit spreads widened, and US Treasury yields rose sharply. As recession concerns abound, investors are seeking ways to manage credit risk in their US corporate bond portfolios without comp...

Summary At present, we estimate that a market loss of about -30% would be required to restore expected 10-year S&P 500 total returns to the same level as 10-year Treasury bond yields. It is dangerous and almost superstitious to take the bloated profit margins and corporate earnings ...

Summary The credit cycle lies at the heart of our financial system. Corporations and households rely on the availability of credit to facilitate economic growth and ensure financial stability. Unfortunately, the leading indicators suggest the cyclical outlook of the credit cycle is unfa...

Summary Two key risks could challenge recent market optimism: weaker consumption and a squeeze on corporate profitability. Despite these elevated risks, current credit spreads are not reflective of recessionary risks when compared with historical levels. The opportunity set for inco...

Summary Why the U.S. economy continues to display polyurethane-like flexibility and resilience, despite encountering extraordinary shocks. How portfolios can also be built with flexibility and resilience in mind. Why high-quality fixed income assets are today a critical component of...