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Recent Perspectives

July 29, 2019

The Fed's Sugar High

Rational immigration policy, not rate cuts, is the way to avoid recession.

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July 17, 2019

High-Yield Credit in a Fed Easing Cycle

High-yield corporate bond spreads and bank loan discount margins typically widen when the Fed is lowering interest rates.

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June 19, 2019

It’s Called Core-Plus for a Reason

Core-Plus vs. Core Fixed-Income Portfolio Management

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