The content on this website is intended for investment professionals and institutional asset owners. Individual retail investors should consult with their financial advisers before using any of the content contained on this website. Breckinridge uses cookies to improve user experience. By using our website, you consent to our cookies in accordance with our cookie policy. By clicking “I Agree” and accessing this website, you represent and warrant that you are agreeing to the above statements. In addition, you have read, understood and agree to the terms and conditions of this website.

Read Terms and Conditions

Home

Insights

Perspectives

ESG

COVID-19 Crisis, Corporate Bonds and ESG Implications

By Nicholas Elfner, Robert Fernandez

What does the COVID-19 pandemic mean for corporate bonds and ESG investing?

SEARCH OUR INSIGHTS

Investing

Perspective by Laura Lake, Jeffrey Glenn, Sara Chanda

Breckinridge Update: Potential Positives Amid Continued Turmoil

Investing

Perspective by Laura Lake, Nicholas Elfner, Adam Stern

Breckinridge Update: Bond Markets, Stimulus and a View Ahead

Investing

Perspective by Peter Coffin

Comparing 2020 COVID-19 Market Turmoil to 2008

Investing

Perspective by Peter Coffin

From Peter Coffin – A Perspective on the Current Market

Investing

Perspective by Laura Lake

Gender Diversity – Creating positive, long-term change

Municipal

Perspective by Adam Stern

Considerations for the Municipal Bond Market and COVID-19

Municipal

Perspective by Matthew Buscone, Sara Chanda, Adam Stern

Surge in Taxable Issuance Creates Opportunities in the Municipal Bond Market

Municipal

Perspective by Benjamin Pease

Low Yields Elevate Value of M/T Ratios, Crossover Trades

Corporate

Perspective by Nicholas Elfner

Monitoring the Coronavirus for Risks to Bond Strategies

Investing

Perspective by Peter Coffin

Lessons from the Repo Market

Securitized

Perspective by Laura Lake, John Bastoni

Gaining New MBS Risk Insight with ESG Analysis

Municipal

Perspective by Adam Stern

2020 Municipal Credit Outlook

Investing

Perspective by Nicholas Elfner, Adam Stern

2020 Election Quick Take

Securitized

Perspective by John Bastoni

Affordable Housing Aided by Muni Market in 2019

Investing

Perspective by Robert Fernandez

Breckinridge Backs New HCM Disclosure, Transparency Rules

ESG

Perspective

Community Foundations Target ESG Investing to Amplify Efforts

Investing

Perspective by Nicholas Elfner, Andrew Teras

Affordable Housing Gains From Public, Private Financing

Municipal

Perspective by Adam Stern

Exploring the Relationship Between an Aging Population and State and Local Credit Risk

ESG

Perspective by Phillip Newell

The Importance and Influence of Bond Issuer Engagement

Investing

Perspective by Matthew Buscone

Premium Bonds 101

Investing

Perspective by Jeremy Jenkins

Master Class: Bond Yields

Corporate

Perspective by Brian Garcia

Tech Spends Big on Stock Buybacks, but What Gives for Bondholders?

Securitized

Perspective by John Bastoni

What to Expect from the Launch of UMBS

Municipal

Perspective by Alriona Costigan, Jesse Starks

Why Muni Investors Should Care about Cybersecurity

Investing

Breckinridge Update: Potential Positives Amid Continued Turmoil

By Laura Lake , Jeffrey Glenn , Sara Chanda

The Investment Committee at Breckinridge Capital Advisors is monitoring the markets and offers the following update as of April 6, 2020.

Investing

Breckinridge Update: Bond Markets, Stimulus and a View Ahead

By Laura Lake , Nicholas Elfner , Adam Stern

The Investment Committee at Breckinridge Capital Advisors is monitoring the markets and offers the following update as of March 30, 2020.

Investing

Comparing 2020 COVID-19 Market Turmoil to 2008

By Peter Coffin

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.

Investing

From Peter Coffin – A Perspective on the Current Market

By Peter Coffin

Hear from our President, Peter Coffin, on the disorder in the current investment grade bond market.

Investing

Gender Diversity – Creating positive, long-term change

By Laura Lake

Breckinridge Capital Advisors is partnering with Girls Who Invest (GWI), a non-profit organization dedicated to increasing the…

Municipal

Considerations for the Municipal Bond Market and COVID-19

By Adam Stern

With community spread of the coronavirus more likely, we are monitoring the effects it may have on credit quality.

Municipal

Surge in Taxable Issuance Creates Opportunities in the Municipal Bond Market

By Matthew Buscone , Sara Chanda , Adam Stern

Taxable municipal bonds can play an important role in a portfolio if they are considered carefully within the context of the investor’s goals.

Municipal

Low Yields Elevate Value of M/T Ratios, Crossover Trades

By Benjamin Pease

Head of muni trading, Ben Pease, highlights how Breckinridge’s trading approach and capabilities help us face the supply and valuation challenges currently affecting muni market.

Corporate

Monitoring the Coronavirus for Risks to Bond Strategies

By Nicholas Elfner

The Wuhan Coronavirus may present risks to corporate bond investment strategies. Breckinridge has been monitoring developments in order to assess risks to sectors and industry groups.

Investing

Lessons from the Repo Market

By Peter Coffin

In the wake of the turmoil in the repo market this fall, Peter Coffin discusses why that market was already vulnerable and how we can use that to evaluate other markets now and in the future.

Securitized

Gaining New MBS Risk Insight with ESG Analysis

By Laura Lake , John Bastoni

Breckinridge has added a proprietary level of analysis to agency MBS that is bringing greater insight to environmental risks specific to these bonds.

Municipal

2020 Municipal Credit Outlook

By Adam Stern

Entering 2020, municipal credit fundamentals remain broadly stable amid lingering long-term credit issues. Adam Stern’s latest outlook discusses the factors that are likely to have an impact on muni credit this year.

Investing

2020 Election Quick Take

By Nicholas Elfner , Adam Stern

As we kick-off an election year, Adam Stern and Nick Elfner review the four possible outcomes we currently see for the 2020 election and the potential influences on the muni and corporate bond markets.

Securitized

Affordable Housing Aided by Muni Market in 2019

By John Bastoni

Driven by muni bond market conditions, housing bond issuance as a percentage of total municipal market issuance is running at a 10-year high of 8% in 2019.

Investing

Breckinridge Backs New HCM Disclosure, Transparency Rules

By Robert Fernandez

Breckinridge responded to the Securities and Exchange Commission’s proposal to amend Regulation S-K and rules for human capital management (HCM) disclosure.

ESG

Community Foundations Target ESG Investing to Amplify Efforts

There is a powerful connection between ESG investment principles and the missions of community foundations that work for the social benefit of their local areas.

Investing

Affordable Housing Gains From Public, Private Financing

By Nicholas Elfner , Andrew Teras

We saw an innovative new strategy to address housing challenges come to fruition the other week with the first sale of No Place Like Home bonds.

Municipal

Exploring the Relationship Between an Aging Population and State and Local Credit Risk

By Adam Stern

In this perspective, we explore the relationship between population-aging and state and local credit risk.

ESG

The Importance and Influence of Bond Issuer Engagement

By Phillip Newell

Engagement with bond issuers is an essential element of our research process. A recent Wall Street Journal article highlighted the importance and influence of our engagement.

Investing

Premium Bonds 101

By Matthew Buscone

Premium bonds and the math behind them continue to furrow the brows of many municipal investors.

Investing

Master Class: Bond Yields

By 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.

Corporate

Tech Spends Big on Stock Buybacks, but What Gives for Bondholders?

By 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.

Securitized

What to Expect from the Launch of UMBS

By John Bastoni

Next month marks the launch of UMBS. Our securitized trader explains what this means and potential implications for the agency debt market.

Municipal

Why Muni Investors Should Care about Cybersecurity

By Alriona Costigan , Jesse Starks

On the heels of Baltimore’s recent cyberattack, Experts from our research and IT teams collaborate on a piece discussing cybersecurity for municipalities.