Insights

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.

August market activity reflected resilient economic growth, inflation that remained above the Federal Reserve's target, and heightened expectations for tighter monetary policy.

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

In a volatile market influenced by a technology sector investing trend, Breckinridge’s rules-based security selection process delivered positive risk-adjusted performance in the near term, as it pursues its long-term objectives.

Treasury yields rose across the curve in July, with the 10-year Treasury reaching a year-to-date high and the 30-year yield surpassing 5.20 percent for the first time since 2007.

After widening in the first quarter on heightened geopolitical risk and an oil shock, corporate bond spreads staged a comeback on a ceasefire in Iran, solid U.S. economic data, and a strong first-quarter earnings cycle.

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.