Negative Yields? A Tsunami of Liquidity is Pressuring the Cash Investor
June 1, 2021 — The wave of cash flooding into bank deposits and money market funds is threatening to test the line in the sand between zero and negative yields. What are the alternatives for short-term investors?
High Yield Bond Fundamentals Improving Despite Record Issuance
High yield corporate bond issuance is up 93% in 2021 – from $106 billion in 2020 to $206 billion year-to-date. Corporate bond investors typically view such large increases . . .
Tactical Positioning – Stick with the “Three Rs”
While growth, earnings, and liquidity conditions are expected to remain highly supportive to risk assets, given strong returns this year and stretched valuations, some . . .