Market Review and Outlook 2Q21 - Leveraged Finance
Another Strong Quarter as Economy Re-opens
Solid economic growth has significantly reduced default risk and should allow leveraged loan and high yield issuers to de-lever and grow into their balance sheets.
Market Review and Outlook 2Q21 - Investment Grade and Tax-Exempt Fixed Income
Peak Growth, Peak Inflation, Rates Rally
As a result of a modestly “less dovish” stance by the Federal Reserve (Fed), long Treasuries were up almost 6.5% in the second quarter after being down 13.5% in the first quarter. Long TIPS (Treasury Inflation-Protected Securities) were up over 8% compared to an 8.8% decline in the first quarter, as they benefited from the upside surprises seen in the consumer price index over the quarter.
Inflation Perspectives with Seix’s Head of Leveraged Finance
George Goudelias shares his latest thoughts on the prospects for inflation and how certain asset classes may help protect portfolios in an inflationary environment.