Insights

We believe that investors may place too much emphasis on high absolute dividend yield when seeking defensive and high income-generating equity exposure.

Uncertainty around fiscal deficits and trade policy dampened demand for Treasury bonds in May.

There are important limitations to relying solely on total return—primarily that not all returns are created equal.

Federal policy actions present new risks for many private higher education institutions.

Volatile investment markets throughout April reacted to shifting trade policy messaging, mixed economic readings, and President Trump’s expression of frustration with the Federal Reserve.

IG corporate new issuance surprised to the upside and registered a record first quarter with about $585 billion of bonds issued.

With heightened volatility across investment markets in March, investor demand for U.S. government bonds increased. Shorter maturity Treasury yields fell.

As a city’s population increases, a municipality’s credit profile can change rapidly. Population growth is typically a favorable credit factor but can introduce challenges as well.