Why IG Bonds Now?
January 19, 2023 - Jeffrey Glenn, James Spidle
Fundamental strength, current high yields, underpin our cautiously optimistic outlook for corporate and securitized bond markets in 2023.
December 2022 Market Commentary
January 11, 2023
December wrapped up a volatile 2022 for fixed income investors. Read our monthly market commentary for perspectives on a challenging year for the bond markets.
November 2022 Market Commentary
December 8, 2022
Treasury, municipal, and corporate bonds delivered some of their strongest monthly performances in November.
Separate Accounts Align With Our Client-Centric Values
November 22, 2022 - Christopher Day
Breckinridge delivers investment solutions through separate accounts because this approach aligns with the first of our Core Values: We put clients first.
October 2022 Market Commentary
November 9, 2022
With the Fed not scheduled to meet in October, markets were volatile once again.
Premium Bonds 101
November 2, 2022 - Matthew Buscone
Premium bonds and the math behind them continue to furrow the brows of many municipal investors.
A Rapid Rise in Yields is Changing the Fixed Income Conversation
October 28, 2022 - Ognjen Sosa, Christopher Day, Christina Lynch
Investors are dealing with changing prospects for the economy and investment markets entering the last quarter of 2022.
September 2022 Market Commentary
October 13, 2022
With the Fed focused on fighting inflation through fed funds rate increases and selling bonds on its balance sheet, volatility returned to investment markets in September.
Master Class: Bond Yields
October 3, 2022 - Jeremy Jenkins
Fixed-income market participants often quote the term “yield,” but the word’s context could be misunderstood because various types of yield exist and each is calculated differently.
There's Nothing Passive About Net Zero in Fixed Income
September 19, 2022 - Joshua Perez
Our analytical and actively managed approach to a net zero mandate, in our view, combines three key elements that are essential to reaching net zero goals.
August 2022 Market Commentary
September 12, 2022
The Fed hardened its public stance on fighting inflation and volatility returned to investment markets in August.
July 2022 Market Commentary
August 8, 2022
Despite negative economic data, investors were rewarded by the equity and bond markets in July.
Harnessing Choice in Fixed Income Investing
July 20, 2022
In the same way that some equity investors object to owning or profiting from companies deemed at odds with their moral compass, a growing number of bond investors want to tie their capital to issuers that share their values.
June 2022 Market Commentary
July 13, 2022
Fed interest rate action and a stated resolve to bring the rate of inflation under control even at the risk of recession launched another round of market volatility in June.
May 2022 Market Commentary
June 8, 2022
In a volatile month for bond markets, total returns turned positive after a difficult first four months of the year.
April 2022 Market Commentary
May 9, 2022
Global uncertainty over inflation, the Russia/Ukraine invasion, and COVID-induced supply chain concerns led to market volatility and losses.
The Case for Active Management
May 3, 2022
When the missed opportunities and transactional costs of passive management are taken into account, we believe that professional active management offers significant advantages over passive.
March 2022 Market Commentary
April 11, 2022
As inflationary pressures persisted and the Federal Reserve responded in March, investor uncertainty and market volatility increased.
Sustainable Bond Issuance Is Growing Across Bond Market Segments
April 1, 2022 - John Bastoni, Matt Corn, Ruth Ducret, Nicholas Elfner
Even in a year of subdued bond issuance, managers are finding opportunities in the sustainable bond markets, thanks to investor appetite for bonds with sustainable labels.
Tailwinds to headwinds: Navigating a shifting landscape in municipal bonds
March 25, 2022 - Benjamin Pease, David Stenhouse
Strong tailwinds of easy monetary policy, abundant fiscal stimulus, and low inflation drove the municipal bond market’s required spread for credit risk tighter over the past decade.
Discussion summary: IG fixed income in uncertain times
March 16, 2022 - Peter Coffin, Ognjen Sosa
In a recent Q&A, Breckinridge President Peter Coffin and CIO Oggie Sosa discuss the role of IG fixed income strategies in investors’ overall asset-mix during uncertain times.
February 2022 Market Commentary
March 9, 2022
Uncertainty and volatility ratcheted higher in February on expectations for a federal funds rate increase and Russia’s invasion of Ukraine.
Breckinridge Aligns Investments, Operations with Women’s Empowerment Principles
March 4, 2022 - Dominica Ribeiro, Ognjen Sosa
As a WEP signatory, Breckinridge formally signed a CEO statement of support that demonstrates commitment to advancing gender equity and women’s empowerment in the workplace, marketplace, and community.
Breckinridge Market Monitor – February 2022
February 22, 2022
Increasing yields at the front end of the municipal curve during the first six weeks of 2022 may present a more attractive entry point for fixed income investors who were hesitant to invest during 2021.