Wow, the 2024 rally in credit risk has fresh legs! Equity and credit spreads have both been ‘on the rally’ since the election, with risk taking sentiment supercharged and historically significant levels on valuations getting breached.

Highlights from the week of November 8 – November 14, 2024.

The incoming administration will have an impact on every industry within investment grade credit, and each will face its own challenges and opportunities.

Donald Trump is set to reshape America around lower taxes, higher tariffs, less regulation, more drilling and fewer immigrants. Here’s what it means for markets.

Short-Duration High Income Bonds as a Defensive Building Block: Portfolio Manager Jim Dudnick discusses where and when to consider short-duration high yield.

In a resilient growth environment with inflation trending downward, any short-term volatility from the market’s reaction to monthly data is likely an opportunity to buy.

As we head into the final stretch of hotly contested races up and down the ballot, our experts convene for civilized discourse on what matters to markets...

With tight spreads and a steepening yield curve, we see the most value in lower-beta spread products and high-quality securitized assets.

As demand from banks and other real money investors returns (and money market demand wanes), agency mortgage-backed securities are poised to benefit. 

Cash has a place in portfolios, but bonds are a better choice for locking in yields, boosting return potential and providing diversification benefits.