Market Review and Outlook 2Q24 - Leveraged Finance
Leveraged finance fundamentals still look healthy relative to history despite higher rates.
Market Review and Outlook 2Q24 - Investment Grade
Data Dependence Persists: Markets remain hypersensitive to inflation and labor market updates. The totality of the data will dictate the Fed’s path going forward; full-blown policy expectations are a challenge to forecast.
Market Review and Outlook 1Q24 - Investment Grade
Rates moved higher across fixed income markets as inflation fears resurfaced and economic growth remained strong. Investors began to discount the number of cuts the Federal Reserve would be able to achieve this year, halving earlier expectations.