How to strike the right balance in high yield bonds
Strong 2016 performance and a sharp rally in credit spreads have prompted some investors to take a cautious view of high yield bonds.
Market Perspectives cover broader issues, including the global economy, market environment or sector overviews.
Emmanual Macron’s presidential election win is likely to make Europe overall more attractive to investors.
We believe global economic growth is set to improve this year, although the risks surrounding political uncertainty could be rising around the world.
In most credit cycles, the market hits a point when credit rating downgrades far exceed upgrades. This ratings migration process can significantly impact the valuations of securities, particularly when credits are downgraded from a rating of investment grade to high yield.
The U.S. Federal Reserve's (Fed) policy-making committee increased the benchmark federal funds interest rate to 1.00%, a 0.25-percentage-point increase. This follows an increase in December 2016.
The Federal Reserve announced a much-anticipated increase to the federal funds interest rate. What could this mean for you?
It's not unusual for a new year to bring changes. But 2017 may be particularly noteworthy.