Insights

Current bond market conditions offer investors a chance to reassess the strategic role of investment grade fixed income in their portfolios.

Artificial intelligence is reshaping capital investment, corporate balance sheets, energy and water demand, labor, and supply chains, while raising questions around governance, privacy, human rights, and the distribution of economic benefits.

Global sustainable debt issuance remains resilient in 2026 despite policy uncertainty and softer corporate supply.

Liquidity events are creating new portfolio challenges, making tax-aware reinvestment and thoughtful portfolio construction more important than ever.

Entering the second half of 2026, municipal market credit is stable with some signs of sector weakness.

California’s proposed wealth tax faces significant political, legal, and administrative obstacles and is unlikely to be enacted.

The investment grade Technology sector is in transition, moving from a net cash position to potentially the largest borrower in the IG corporate bond market.

Prudent investors can employ strategies to mitigate the impact of these technicals and identify the best after-tax opportunities.