Insights

Alpha Engine Perspectives

August 25, 2022•3 min read

Surprises from the First Half of 2022: Positive Trends in EM Despite Headwinds

You might think these headwinds would be broadly negative for EM debt, but we see bright spots within the EM[…]

Economic & Cycle Views

August 8, 2022•4 min read

Why We Think Corporate Health Can Withstand an Economic Slowdown

Signs indicating financial markets are concerned about that slowdown have not been hard to spot. Even so, Craig Burelle shares[…]

Alpha Engine Perspectives

August 4, 2022•2 min read

Surprises from the First Half of 2022: Value Reemerging in TIPS

Concerns regarding inflation are almost everywhere you look—unless you happen to be looking at the Treasury bond market.

Relative Return

Alpha Engine Perspectives

August 2, 2022•2 min read

Surprises from the First Half of 2022: A Rare Macro and Geopolitical Period for the Bank Loan Market

Exceptional circumstances roiled the loan market in the first half. It's impossible to say what will happen next, but the[…]

Full Discretion

Market Commentary & Outlook

July 27, 2022•7 min read

Price Caps on Russian Hydrocarbons: Be Careful What You Wish For

Recent G-7 discussions about imposing caps on the price of Russian oil and gas have led to some head-scratching. Senior[…]

Alpha Engine Perspectives

July 22, 2022•2 min read

Surprises from the First Half of 2022: Underperformance of European Corporate Bond Spreads

The current spread differential between European and US corporate spreads have us considering a shift in our thinking.

Global Fixed Income

Economic & Cycle Views

July 20, 2022•6 min read

Suppose They Gave a Recession, and Nobody Came

The business press sometimes likes to say that a recession is a decline of real GDP lasting at least two[…]

Alpha Engine Perspectives

July 18, 2022•4 min read

Reading the Housing Sector: The Good, the Bad and the Surprising

We think the housing sector should hold steady with good structural trends, a potentially bad environment for housing bargains and[…]

Alpha Engine Perspectives

June 30, 2022•3 min read

Taking the Consumer’s Temperature

With consumer behavior under a magnifying glass, Portfolio Manager Jennifer Thomas shares her assessment of the US consumer.

Structured Finance

Market Commentary & Outlook

June 27, 2022•4 min read

ECB in the News

Senior Sovereign Analyst Jon Levy answers some key questions about the European Central Bank's latest moves.

Economic & Cycle Views

June 17, 2022•3 min read

Playing Catch-Up: Takeaways from the June FOMC Meeting

It appears the Fed has realized it is behind the curve. We believe the door is open for another 75-bp[…]

Market Commentary & Outlook

June 16, 2022•1 min read

Nearly $16 Trillion in the Rear-View Mirror

A historic shift in central bank policy is currently underway. The implications of this change are likely to be varied[…]