How Corporate Market Activity Supports Municipal Prepaid Gas Bonds
September 2, 2025 — The recent $18 billion acquisition of JDE Peet’s by Keurig Dr Pepper has implications that extend beyond the corporate bond market — most notably, it strengthens the financial position of JAB Holdings, which indirectly benefits municipal prepaid gas bonds issued by National Western Life Insurance Co.
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Fixed Income
The Labor Market’s Tell
September 2, 2025 -- Over the past month, the labor market has taken center stage in the debate over the near-term trajectory of Fed policy. With inflation not showing...
Fixed Income
Retailer’s Guide: Economic Takeaways from Retailer Earnings
August 27, 2025 -- Tariffs are emerging as a key challenge, pressuring margins and prompting supply chain shifts, especially for retailers with heavy exposure to . . .
Fixed Income
Fixed Income Investment Strategy — August 2025
August 27, 2025 -- Fixed Income Investment Strategy provides an overview of Sage's market outlook and sector positioning.