US Aluminum Poised for a Comeback – Century’s Bond Is a Signal, Not Just a Deal
July 23, 2025 — Century Aluminum is considering development of the first new US aluminum smelter in nearly 50 years — a move that could revitalize the domestic industrial metals landscape. The company recently raised capital in the high-yield market with a $400 million 7NC3 senior secured note at 6.875%, signaling renewed investor interest in US-based metals production.
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Fixed Income
Markets Shrug Off Fed Drama and Focus on Macro Tailwinds
July 21, 2025 -- Recent rhetoric from the White House has drawn attention to Federal Reserve Chair Jerome Powell, particularly regarding scrutiny of the central bank’s...
Fixed Income
Big Banks Just Delivered a Message — Are You Listening?
July 18, 2025 -- Second quarter earnings from the big six US banks surprised to the upside, revealing a resilient core: strong trading results, stable credit quality, and...
Fixed Income
Fixed Income Investment Strategy — July 2025
July 17, 2025 -- Fixed Income Investment Strategy provides an overview of Sage's market outlook and sector positioning.