LQDH News and Press, iShares Interest Rate Hedged Corporate Bond From 04/11/22

As investors continue to digest the likely path of this tightening cycle, we think the dramatic moves of recent weeks are set to ease, laying a good foundation for credit investors. We now expect the Fed to hike rates by 50 basis points in both May and June, followed by a sequence of ...

Transitioning to a net-zero carbon economy is vitally important, and corporate bonds will play a critical role in the transition. To support that journey, sustainable investors should monitor the carbon impact of the corporate bonds in their portfolios. But there’s a lot mo...

The expected risk premium for the Global Market Index ticked slightly higher in March to an annualized 5.8% pace, fractionally above last month’s estimate. Using short-term momentum and medium-term mean-reversion market factors (defined below) to adjust the forecast trims GMI&#...

The Treasury curve continued flattening during the first quarter of 2022, with short-term Treasury yields rising precipitously while longer Treasury yields rose at a slower rate. As the Treasury curve flattened and yields rose, spreads on investment-grade corporates and taxable munici...

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...

Pick any barometer of costs these days, and the story is the same: Prices are up - and in a dramatic fashion. The first thing that jumps out is the dismal performance of most asset classes during periods of low growth and high inflation - otherwise known as stagflation. A solid fo...

The US Federal Reserve is turning increasingly hawkish—hiking rates fast enough to slow inflation while maintaining economic growth will be a monumental task. The Franklin Templeton Investment Solutions team opines on what to expect from the Fed and gauges whether it is already...

Interest rates have an outsize effect on equity valuations. The shape of the Treasury yield curve contains all sorts of information about economic expectations. Credit risk spreads between benchmark Treasuries and corporate bonds. Credit risk spreads are not telling us that we sho...

Russia’s invasion of Ukraine, the sanctions response, and the gyrations in commodity markets cast an even thicker layer of uncertainty on what already was an uncertain economic and financial market outlook before the onset of this horrific war. Despite the many unknowns, we dra...

A stock market crash is something no investor can predict with reasonable certainty. However, that doesn’t stop savvy investors from moving their money into safe havens when enough signs point toward impending downturn. When considering bond investments in a down market, it...