Day Hagan Tech Talk: Intimidation
In Day Hagen's Tech Talk focused on intimidation: Higher interest rates are weighing on equities, and focus will be on the Fed’s conference.
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In Day Hagen's Tech Talk focused on intimidation: Higher interest rates are weighing on equities, and focus will be on the Fed’s conference.
Even the most thorough credit research cannot shield a corporate bond portfolio from drastic rating downgrades.
CLOs generated strong returns in June, with a hawkish Fed driving coupons higher and a rally in spreads. CLOI continues to outperform its benchmark in 2023.
Right now, corporate spreads relative to government bonds are low historically, despite an uncertain economic outlook – it is like this every time before a major sell-off in bond markets
Within the context of the S&P 500’s continuing uptrend and because of the bulls run on Wall Street last week, areas of potential selling pressure loom overhead.