U.S. Treasury yields ended the week modestly lower, led by longer maturities. Markets appeared focused on escalating coronavirus concerns, despite generally stronger U.S. economic data.
ESG is playing an increasingly meaningful role in fixed income investing. At Barings, we formally integrate ESG across our corporate credit asset classes—but the way we apply our analysis is necessarily different due to the nuances of each market.
Fixed income investors have been slower to adopt environmental, social and governance factors, but change is afoot. Barings’ experts explain how fixed income managers can—and are—driving tangible change among corporate debt issuers—and why investors need to pay attention.
Co-Heads of Global Private Finance, Ian Fowler and Adam Wheeler describe the evolving conditions in the North American and European private credit markets and where opportunities may arise in the months and years ahead.
We expect economic data to improve going into the summer, so we anticipate continued Treasury yield curve steepening.
U.S. Treasury yields ended the week only slightly lower, masking the week’s volatility. Rates rose early in the week, led by longer maturities, when the Federal Reserve (Fed) announced it would begin purchasing individual corporate bonds.
Positive risk sentiment boosted U.S. Treasury yields last week, led by longer maturities. Investors appear optimistic over an expected rebound in growth as the economy reopens.
While we expect muni downgrades, the market is likely to remain high quality, with low defaults relative to other bond types.
Long U.S. Treasury yields ended last week slightly higher, while shorter-maturity yields finished lower.
The coronavirus crisis, which ignited steep increases in credit spreads and temporarily froze segments of the fixed income market, can give investors insight into how different types of bonds perform in financial turmoil. In that vein, we looked at performance from companies with high quality financials and strong environmental, social and governance (ESG) practices. We think investors should take note of the value these characteristics offer in this market.
Barings’ Omotunde Lawal and Cem Karacadag explain how COVID-19 is impacting the economies of emerging markets, and how lower oil prices and loose monetary policies may influence the future default picture.