Insights

3 minute read

Creditors must weigh the benefits and risks of Trump's push for looser rules.

3 minute read

The sell-off and rebound don't mean investors can’t weather volatility.

3 minute read

A number of factors are likely prompting the move

6 minute read

Bonds display quiet strength as markets back away from risk.

2 minute read

The bond market is a rational voice amid the panic caused by Trump’s tariffs.

7 minute read

Calculated well before the tariff announcement, the US added a robust 228,000 jobs in March. 

3 minute read

Despite publicized debate, tax exemption of municipal bond interest is likely safe.

4 minute read

A number of countries are seeing positive ratings trends.  

3 minute read

Lowering the 10-year Treasury yield is more difficult than some think.   

3 minute read

Were the bond vigilantes behind the recent upheaval in UK government debt?

2 minute read

The Fed kept rates steady, and Chair Powell kept his distance from Trump.  

2 minute read

The factors that supported MBS last year are still in place.

5 minute read

A variable order of events will influence bond markets

2 minute read

Three things to watch in 2025.

2 minute read

A small number of people could have a large impact on the economy in 2025.

2 minute read

While it cut rates, uncertainty about Trump policies seem to give the Fed pause.

2 minute read

Three things to watch in 2025

5 minute read

The themes that matter for the coming year.

3 minute read

Powell rebuffed questions about the Fed's future, and his own, but his nebulous comments give the FOMC latitude.

2 minute read

Federated Hermes CIOs react to the U.S. election.

4 minute read

The implications for foreign policy could be far-reaching

2 minute read

Auto ABS delinquency and charge-off rates are rising, but fundamentals remain strong.

4 minute read

A strong quarter for bonds as a patient, diversified approach is rewarded

4 minute read

Frontier countries fuel emerging market debt

3 minute read

Fed easing means fixed-income investments should benefit from both factors of total return: price and income.

3 minute read

The data did not support the large cut, but the Fed did not want to seem behind the curve.

2 minute read

The Fed’s half-point rate cut shows it still thinks the economy can avoid a recession.

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.

3 minute read

The election likely will determine the fate of the Tax Cut and Jobs Act. 

3 minute read

The predictive strength of the curve’s inversion has waned, but not disappeared.

3 minute read

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.

3 minute read

According to the major rating agencies, the high-yield market has migrated higher in quality in recent years.

2 minute watch

Congress’s choice to maintain or lapse the TCJA could impact munis.

3 minute watch

Municipal bonds are priced with tax protection in mind.

4 minute read

Markets are already pricing in potential November scenarios.

2 minute watch

Rates won’t be higher forever.

3 minute read

In fixed income, there’s quite a difference between current yield and yield-to-maturity.

3 minute read

Both Biden and Trump failed to address the Treasury’s debt at the debate.

3 minute read

Fears grow that Brazil will fail to eliminate its deficit.

4 minute read

IG-rated banks are well-positioned to handle the increase in office vacancies.

3 minute read

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.

3 minute read

The impact of office CRE woes on most cities is mitigated by their diversification of revenue.

2 minute read

We expect a strong summer note season in the municipal markets ahead of the election. 

4 minute read

It’s all about the data.

3 minute read

The U.S. Treasury’s plan to buy back some of its securities should have many benefits.

3 minute read

Sticky inflation might slow the Fed, but not the timeliness of extending duration.

3 minute read

Three things to watch in 2024.

3 minute read

MBS issued by U.S. housing agencies could have advantages for investors if the economy slows.