Insights

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.

5 minute read

Historically, the last leg toward a given inflation target has often been the most difficult.

5 minute read

Is the equity market rally inconsistent with Fed policy?

2 minute read

The Fed's dot plot held the intrigue at the FOMC meeting.

2 minute watch

Investors should think constructively about the “Maturity Wall.”

2 minute read

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.

2 minute watch

The Fed will look closely at inflation numbers before making any cuts.

1 minute watch

Income and duration lead total return potential.

3 minute read

New investment-grade corporate bond issuance is pouring into the market.

35 minute listen

2024 outlook: Part 1.

27 minute listen

2024 outlook: Part 2.

2 minute watch

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.

5 minute read

What we got right…and wrong…in a volatile year.

2 minute watch

A weaker economy and earnings may impact the high-yield market.

1 minute watch

 The high-yield market saw a strong 2023.

2 minute read

Three things to watch in 2024.

2 minute watch

Despite the UAW strike, auto ABS remain strong.

2 minute read

The Fed now projects rate cuts in 2024, just not as many as the markets have.

2 minute watch

 A decline in rates could boost the short end of the yield curve.

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.