Investors flocked to floating-rate investments in 2017 as rising Libor offsets post-crisis tights in spreads.
The commercial real estate market is poised for income growth with stable valuations.
Tax reform will be a key driver of performance for high-yield corporate bonds in 2018.
Clarity on tax policy helps drive spreads to 10-year tights, but headwinds remain.
We focus on quality as the effects of unintended consequences from the tax overhaul loom large.
With fundamentals improving, investors should weigh the benefits and risks of credit expansion.
Economic conditions, goosed by tax reform, call for a faster pace of Fed rate hikes.
Assessing the risks of covenant-lite loans, 0 percent Libor floors, tax reform, and tightening spreads.
The Fed’s tapering program may pressure Agency MBS, but it could also increase investment opportunities.
Concern over high demand and record post-crisis tights has us focused on quality and liquidity.
Follow Scott Minerd Follow GuggenheimPtnrs
You are now leaving this website.Guggenheim assumes no responsibility of the content or its accuracy.
© 2020 Guggenheim Partners, LLC. All rights reserved. Guggenheim, Guggenheim Partners and Innovative Solutions. Enduring Values. are registered trademarks of Guggenheim Capital, LLC.
We use cookies on our site. You may control whether and how your browser accepts cookies; please see your browser help documentation for more information. To learn more about the information we collect and how we use it, view our Privacy Policy.