Guggenheim Fixed-Income Outlook: Staying on Offense After navigating the pitfalls and taking advantage of the opportunities in 2020, we believe our strategies are well positioned for 2021 /EIN News/ -- NEW YORK, March 11, 2021 (GLOBE NEWSWIRE) -- Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today provided its First Quarter 2020 Fixed-Income Outlook, titled “Staying on Offense.” Even as credit spreads have narrowed considerably off their widest levels, further value remains as the global search for yield motivates investors to allocate to selected investment grade and high-yield corporate bonds, and structured credit. The U.S. government has a much heavier hand in controlling the economy, either via the Federal Reserve (Fed) or direct White House and congressional intervention. “We spend a great deal of time analyzing the impact of these changes and how they may affect default risk in corporate credit and asset allocation more broadly,” said Scott Minerd, Chairman of Investments and Global Chief Investment Officer. “It will be easy to be lulled to sleep as markets rise with the distribution of a vaccine and the tailwind of policymakers’ response to economic challenges.”