LQDH News and Press, iShares Interest Rate Hedged Corporate Bond From 01/28/23

Summary When the height of the entire Yield Curve is the 6-month Treasury Bill, you know that you are living in some very strange place. There are those that suggest that some kind of “pivot,” by the Fed is on the horizon. I am not in this camp, and do not expect to see th...

Summary 2022 has been a volatile year for credit markets, but a closer inspection highlights some striking differences. Yields on EM HY reached much higher levels (close to 14% at its peak), and spiked much faster, than their Euro and US equivalents, which peaked at around 9% in Q4 2022...

Summary Can the bond market rally last? What the rally in bonds means for the 60/40 portfolio. End of the rate hike cycle in sight? The bond market has started 2023 on a much stronger footing than it was on for much of last year. Greg Bonnell speaks with Scott Colb...

Summary Much of the 2022 flavor of the polycrisis focused on the danger side. But there are opportunities to be explored as well. As we look ahead to 2023, we are at the same time mindful of the potential threats that await and the opportunities that may present themselves as everything...

Summary A brighter outlook for bonds in 2023 should help investors leave the past where it belongs. We think the Fed is nearing the end of its rate hiking cycle, so the coming year is likely to be kinder for bonds. Bonds with lower duration have lower sensitivity to interest rate ch...

Summary Americas equities, ETPs, corporate bonds, and government bonds all outperformed when compared with previous six-month periods. Corporate bonds continued their impressive run throughout the second half of 2022 increasing revenues over each quarter. 2022 was an outstanding yea...

Summary 2022 was the worst year on record for taxable fixed income funds, and longer-dated investment grade corporate debt bore the brunt of it. Outflows and poor performance were caused by a deteriorating economic outlook brought on by persistent inflation and seven interest rate hikes...

Summary Following a protracted period of rate hikes that began in March 2022, both bond yields and yield spreads are at multi-year highs. Strong fundamentals are due in part to fiscal prudence necessitated by the COVID-19 pandemic. The European Central Bank has concluded its myriad ...

Summary The growth of the Industrial BBB cohort has been led by consumer non-cyclicals. For those BBB companies that find their credit metrics deteriorating, we still think that the bias on the part of corporate managers will be to defend credit profiles as needed. We still expect B...

Summary Markets may be underestimating the stickiness of inflation and central banks’ determination to beat it - and what that means for growth and corporate earnings potential. We favor fixed income and credit over equities, and investment grade over high yield. Should infla...