Q1 2021 Corporate Bond Market Outlook
January 8, 2021 - Nicholas Elfner
“Déjà vu all over again.” Corporate bond investors might be feeling that way after 2020. Learn why in Nick Elfner’s review.
Corporate Bond Market Outlook Q3 2020
October 6, 2020 - Nicholas Elfner
During the third quarter, corporate bond issuance surged on low interest rates.
Could pandemic-related trends shift the fossil-fuel paradigm?
September 14, 2020 - Joshua Stein
Beyond 2021, the outlook for oil demand remains highly uncertain.
Engagements Affirm Largest U.S. Banks’ Climate-Transition Plans
September 14, 2020 - Nicholas Elfner
Engagement discussions this year with U.S. banks have revealed a sustained commitment to climate risk management.
Corporate Bond Market Outlook Q2 2020
July 8, 2020 - Nicholas Elfner
While corporate profits and balance sheets remain at risk, the Fed’s direct intervention in the corporate bond market across much of the credit quality spectrum should support the market.
The COVID-19 Crisis and Its impact on Social Issues for Corporations and U.S. Cities
June 24, 2020 - Nicholas Elfner, Robert Fernandez, Michael Bonanno
The COVID-19 crisis had a swift and severe impact around the world. We find significant impact in two corporate social issues and two key social issues for U.S. cities.
COVID-19 and Corporate Default Rates in Recessions and Depressions Past
May 20, 2020 - Nicholas Elfner
COVID-19 shutdowns could cause corporate bond defaults. Nick Elfner discusses the resilience of investment grade bond issuers historically.
Fossil-Fuel-Free Investing: Process and Perspective
April 16, 2020 - Robert Fernandez
For a variety of reasons, corporate bond investors often wish to restrict investment in companies with fossil fuel reserves.
Corporate Bond Market Outlook Q1 2020
April 9, 2020 - Nicholas Elfner
A reasonable expectation was for IG corporates to generate modestly positive total and excess returns in 2020. Reasonable expectations were redefined by the social and economic retreats that COVID-19 forced on worldwide markets.
COVID-19 Crisis, Corporate Bonds and ESG Implications
April 7, 2020 - Nicholas Elfner, Robert Fernandez
What does the COVID-19 pandemic mean for corporate bonds and ESG investing?
Climate Risk: Not Just for the Energy Sector
March 27, 2020 - Joshua Perez, Joshua Stein
Like many ESG factors, the relevancy of climate risk to any specific sector or industry may vary.
Monitoring the Coronavirus for Risks to Bond Strategies
February 4, 2020 - Nicholas Elfner
The Coronavirus may present risks to corporate bond investment strategies. Breckinridge has been monitoring developments in order to assess risks to sectors and industry groups.
Q4 2019 Corporate Bond Market Outlook
January 10, 2020 - Nicholas Elfner
In our Q4 podcast, our CIO and co-head of research review the year in the IG corporate bond market and discuss the outlook for 2020.
Corporate Bond Market Outlook Q4 2019
January 8, 2020 - Nicholas Elfner
Our latest Corporate Bond Market Outlook reviews 2019 and provides our perspective on the IG market for 2020.
Carbon Transition Risk Engagements Reveal Global Disparities
October 30, 2019 - Joshua Stein
Carbon transition risk is an important factor when analyzing oil and gas companies. Our analyst discusses his key takeaways from engagement discussions with companies in this sector.
Corporate Bond Market Outlook Q3 2019
October 18, 2019 - Nicholas Elfner
It was a volatile month in the IG corporate bond market. Technicals remain strong but economic growth and corporate profits may face some headwinds.
Q3 2019 Corporate Bond Market Outlook
October 8, 2019 - Nicholas Elfner
Key themes for the IG corporate market in Q3 include tighter valuations, moderating debt leverage and a surge of new issuance.
Q2 2019 Corporate Bond Market Outlook
July 12, 2019 - Nicholas Elfner
Key themes in the corporate market for Q2 include volatility for IG corporate bonds, earnings and higher demand.
Corporate Bond Market Outlook Q2 2019
July 12, 2019 - Nicholas Elfner
Corporate spreads narrowed and quality spreads compressed on a dovish Fed and strong equity markets.
Beyond the Business Case: Recognizing Investor Interest in Sustainability
July 11, 2019 - Robert Fernandez
Despite some shortfalls in acknowledging the intensifying appeal of ESG investing, companies are making progress in two important ways.
Tech Spends Big on Stock Buybacks, but What Gives for Bondholders?
June 28, 2019 - Brian Garcia
Hear from corporate analyst, Brian Garcia, on what declining debt issuance and stock buybacks in the Tech sector may mean for bond holders.
In Pursuit of Sustainability Standards
April 12, 2019 - Robert Fernandez, Joshua Stein
SASB continues to make strides in establishing decision-useful, financially material and comparable sustainability metrics for corporations.
From Latent to Blatant: ESG Risks Materializing into Credit Impacts
April 12, 2019 - Abigail Ingalls, Joshua Perez
Recent events for Vale S.A., General Electric and Kraft Heinz underscore the importance of evaluating ESG criteria to help mitigate risks.
Risks and Opportunities in Today’s Corporate Bond Market
November 30, 2018 - Nicholas Elfner
With corporate debt ruling the headlines, Nick Elfner gives his thoughts on corporate leverage, ratings downgrades, and risks and opportunities in the investment grade corporate space.