The recent rise in prices and tightening of spreads suggest a time of caution for leveraged credit.
Value in new-issue aircraft lease transactions and CLOs backed by loans to middle market companies.
Demand remains strong as Agency MBS is one of few positive-yielding, high-quality asset classes.
Moving slightly down in quality as loans deliver steady performance.
Market volatility in the first half of 2016 has given way to a sharp rally in CMBS spreads and resurgence in CMBS issuance.
Despite positive fundamentals, the second quarter saw a significant decrease in lender appetite.
The energy sector currently offers the best potential total return upside in the high-yield space.
Relatively high yields and abundant supply entice global fixed-income investors.
Talk of tax reform will likely create uncertainty in the otherwise-robust municipal bond market.
Constructive themes of improving fundamentals and limited supply remain firmly in place.
Central bank policies implemented in the near-term may seem extreme today, but they will likely soon become policy orthodoxy.
Our third quarter 2016 report, details our current fixed-income strategy, economic outlook and where we see relative value.
Scott Minerd, Global Chief Investment Officer, sheds light on U.S. economic strength, headwinds for the EU, and which emerging markets look attractive for long-term investors.
Scott Minerd, Global Chief Investment Officer, and Anne Walsh, Assistant Chief Investment Officer, Fixed Income, share insights on investing in unprecedented market conditions.
You are now leaving this website.Guggenheim assumes no responsibility of the content or its accuracy.
Your browser does not support iframes.
© 2016 Guggenheim Partners, LLC. All rights reserved. Guggenheim, Guggenheim Partners and Innovative Solutions. Enduring Values. are registered trademarks of Guggenheim Capital, LLC.