Payment forbearance to mortgage borrowers could have implications for the MBS market and complicate conditions for mortgage servicers.
COVID-19 Bond Market Volatility Updates
Breckinridge's latest updates on the current market conditions.
This summary includes analysis from members of the Breckinridge investment team of the implications for the municipal bond and corporate bonds markets.
COVID-19 shutdowns could cause corporate bond defaults. Nick Elfner discusses the resilience of investment grade bond issuers historically.
Co-head of research Adam Stern and CIO Laura Lake walk through how Breckinridge is thinking about muni credit risk and credit fundamentals.
Adam Stern reviews key comparisons that point to why many muni bonds are better positioned for an economic slowdown due to COVID-19 than during either the Great Depression or Great Financial Crisis.
In this short video, hear from Breckinridge President Peter Coffin as he offers some perspective during this time of turmoil.
As reported by The Wall Street Journal on Wednesday, April 22, Senate Majority Leader Mitch McConnell (R-KY) hinted that, in exchange for more federal aid, he supports the idea of allowing states to file for bankruptcy protection. Adam Stern comments on the statements.
CIO Laura Lake and co-head of Portfolio Management, Matt Buscone, answer questions that investors are asking about the unprecedented economic shutdown intended to stem the spread of the coronavirus and its effects on municipal, corporate and securitized bonds.
Learn what the recently announced MLF means for the muni market in the near and long-term. Co-head of research, Adam Stern, explains the program and potential credit implications.
What does the COVID-19 pandemic mean for corporate bonds and ESG investing? Co-head of research, Nick Elfner, and director of ESG research, Rob Fernandez, discuss how decisions made by corporate leaders during this volatile time can reveal their long-term preparedness and resiliency.
Breckinridge President Peter Coffin shares thoughts on the turmoil affecting municipal and corporate bonds as the markets and the economy endure effects related to COVID-19.
Hear from our President, Peter Coffin on how Breckinridge was built for challenging times like these. It is why we exist.