Tag Archives: fixed income

The Yield Curve: Is A U.S. Recession On The Horizon?

treasury yield curve,recession signals,economy

In my first job as a municipal bond analyst and strategist a key datapoint to consider was the steepness of the yield curve! When the curve was at its steepest, investors would be ‘getting paid’ in the form of higher yields to assume the price and reinvestment risk of moving out to longer maturities. When flat, meaning […]

Is Distressed Debt A Harbinger Of A Declining US Economy?

distressed debt,bonds,high yield

Summary: At levels not seen since the financial crisis, is the distressed debt ratio sending a clear signal about the health of the US economy? Will the Fed or won’t the Fed and, in fact, at the end of the day does it even matter when considering the health of lower rated companies? High Yield Bonds: ‘A […]