PTBD News and Press, Pacer Trendpilot US Bond ETF From 07/12/23

2023-07-12 03:30:00 ET Summary The high-yield sector offers attractive absolute and relative return prospects due to resilient corporate fundamentals. Consumers and labor market conditions remain on solid footing. Spreads have mostly widened from the end of 2022 through the en...

2023-07-12 02:35:00 ET Summary Despite bearish sentiment, factors including a shrinking market, fund flows, higher yields and a stronger economic outlook have supported the sector this year. Entering 2023, the tone among many market strategists concerning European high yield marke...

2023-07-11 12:25:00 ET Summary Unlike government bonds that typically rise while stock prices fathom bear market lows, higher-risk corporate bonds tend to fall with risk appetite and equity prices. As US junk bond prices have tumbled, their yields have risen to around 8.75% from s...

2023-07-10 20:20:00 ET Summary Tightening is a slow process, and there is still a flood of excess liquidity chasing after yield. Financial conditions for junk-rated companies have tightened only a little since the Fed started tightening in early 2022. These junk-rated companie...

2023-07-07 19:30:00 ET Summary Look around, look almost anywhere, and the economic data is getting painful. You can start with the monthly ADP report. The ADP report stated that 497,000 new jobs were created in June. This was far past expectations, with the consensus view being ar...

2023-07-03 22:55:00 ET Summary Elevated yields and negative correlations are good news for bond investors. We share strategies for making the most of today’s opportunities. With the tug of war between inflation and growth likely to continue as the year progresses, policy ra...

2023-07-03 22:27:00 ET Summary Central banks are finding it hard to finish the long journey toward inflation normalization, but we believe that policy rates are likely at or near their peaks - and could be maintained at elevated levels for some time. With roughly 500 basis points ...

2023-07-03 18:39:00 ET Summary Growth stocks were the big winners as the market for most of the first half was trying to price in rate cuts before the end of the year. Lower rates are seen as positive for high-multiple growth stocks and with a dash of artificial intelligence throw...

2023-06-27 03:05:00 ET Summary Striking the right balance between interest-rate and credit risk can be a good idea in the late stages of a credit cycle. We think it’s a particularly good idea in this credit cycle. Why? Consider that over the last 18 months, investors have g...

2023-06-19 07:05:00 ET Summary Last week, the Fed announced that it was not going to raise interest rates. The media and pundits proclaimed that this would send a false signal of a new bull market. We saw a substantial increase in trading volume compared to the rather low transact...