For shareholder access to your Federated Hermes investment account
3 minute read
2 minute read
The Employee Retirement Income Security Act led to 401(k)s and IRAs.
4 minute read
The markets’ first test is Friday’s August jobs report.
The election likely will determine the fate of the Tax Cut and Jobs Act.
The predictive strength of the curve’s inversion has waned, but not disappeared.
As rate cuts are up for debate, focus on the impact on the short end of the yield curve.
2 minute watch
More goes into the bond selection process than price.
According to the major rating agencies, the high-yield market has migrated higher in quality in recent years.
Congress’s choice to maintain or lapse the TCJA could impact munis.
3 minute watch
Municipal bonds are priced with tax protection in mind.
Markets are already pricing in potential November scenarios.
Rates won’t be higher forever.
In fixed income, there’s quite a difference between current yield and yield-to-maturity.
Both Biden and Trump failed to address the Treasury’s debt at the debate.
Fears grow that Brazil will fail to eliminate its deficit.
IG-rated banks are well-positioned to handle the increase in office vacancies.
The Fed penciled in a cut this year even as it forecast higher inflation.
1 minute read
Without a majority, Prime Minister Modi must assemble a coalition.
The impact of office CRE woes on most cities is mitigated by their diversification of revenue.
We expect a strong summer note season in the municipal markets ahead of the election.
It’s all about the data.
The U.S. Treasury’s plan to buy back some of its securities should have many benefits.
Sticky inflation might slow the Fed, but not the timeliness of extending duration.
5 minute read
Historically, the last leg toward a given inflation target has often been the most difficult.
Is the equity market rally inconsistent with Fed policy?
The Fed's dot plot held the intrigue at the FOMC meeting.
Investors should think constructively about the “Maturity Wall.”
China must address its faltering economy with much more fiscal stimulus.
1 minute watch
The expectation of rate cuts makes corporate bonds an attractive opportunity.
7 minute read
Magnificent Seven continue to outperform.
The Fed will look closely at inflation numbers before making any cuts.
Income and duration lead total return potential.
New investment-grade corporate bond issuance is pouring into the market.
27 minute listen
2024 outlook: Part 2.
35 minute listen
2024 outlook: Part 1.
Widening spreads could provide a step back into high yield.
60 minute watch
The presidential election, geopolitical risks and Fed moves are things to watch in 2024.
What we got right…and wrong…in a volatile year.
A weaker economy and earnings may impact the high-yield market.
The high-yield market saw a strong 2023.
Three things to watch in 2024.
Despite the UAW strike, auto ABS remain strong.
The Fed now projects rate cuts in 2024, just not as many as the markets have.
A decline in rates could boost the short end of the yield curve.
As the economy slows across the board, the Fed is done hiking rates.
Opportunities remain to invest in credit card ABS.
We believe next year could present compelling opportunities within high yield.
Despite high rates, the large amount of maturing debt in the coming years is not a crisis.
The Fed didn't hike. That doesn't mean it's done.
After weathering the storm, the housing market is poised to boost growth despite Fed headwinds.
Being defensive in credit may mean a little pain for a bigger potential gain.
More housing should increase affordability.
Evidence suggests the move up in longer yields is nearing an end.
Mortgage-backed securities may become more attractive relative to credit.
As the Fed continues quantitative tightening, spreads widen.
The Fed opts against raising rates, but doesn't rule out another hike this year.
MBS issued by U.S. housing agencies could have advantages for investors if the economy slows.
2286264188