IGBH News and Press, iShares Interest Rate Hedged Long-Term Corporate Bond From 10/09/23

2023-10-09 21:44:00 ET Summary With only two weeks before maturity of front-month options contracts, reversals have the potential to quickly gain momentum as traders rush to liquidate positions quickly losing market value. The stronger-than-expected 336,000 gain in September payro...

2023-10-09 11:55:00 ET Summary The employment report on Friday seemed like a good one. The unemployment rate was unchanged as the economy added 336,000 jobs in September. The S&P 500 traded down over 38 points. The 10-year Treasury note yield spiked higher by 17 basis points, ...

2023-10-09 11:30:00 ET Summary Shifting supply-and-demand dynamics appear to be driving bond markets more than fundamentals, which makes for a bumpy ride. Through the fourth quarter of 2022, U.S. and global growth outlooks were becoming steadily more pessimistic. While short- ...

2023-10-03 04:06:00 ET Summary Despite compelling evidence that central banks have likely completed or nearly completed their hiking cycles, yields have continued to rise globally and are now at cyclical highs. Sustained higher interest rates are also likely to lead, eventually, t...

2023-09-28 12:29:00 ET Summary Treasury yields rose during the 3rd quarter as market participants digested economic data and the Fed continued to maintain a hawkish bias, leading to expectations that rates will remain higher for longer. Spread volatility remained muted during the ...

2023-09-26 02:12:00 ET Summary Nominal and inflation-adjusted yields haven’t been this high in about 15 years. Monetary policy is becoming quite restrictive, and ultimately, we think it will cause an economic slowdown, if not a mild recession. We see significant global ...

2023-09-18 23:00:00 ET Summary Investment-grade credit is currently offering impressive yields, with relatively less risk than other fixed income sectors. Given the very low probability of default for IG issuers, this higher-quality fixed income sector can possibly serve as a more...

2023-09-15 05:30:00 ET Summary In corporate credit, we evaluate convexity as the upside price potential compared to the downside price potential. Newly issued high yield bonds typically have limited upside price potential compared to downside price potential. Newly issued inve...

2023-09-15 03:30:00 ET Summary We believe a very high level of conviction that a recession will occur is necessary before investors start overweighting or underweighting equities. This is because changes in portfolio positioning can have significant negative or positive impacts on...

2023-09-13 12:19:00 ET Summary At June 30th, 2023, the S&P 500 was priced to return 1.65%/year over the next ten years. Given the rally since then, that return has risen to 2.03%/year. Currently the 10-year Treasury yields 4.29% [bond-equivalent yield, add 0.09% to annualize]....