We expect global growth to be resilient, given the strength of the consumer globally and ongoing commitments from central banks worldwide to provide accommodative policy support.
The Global Hunt for Carry
by Annabel Rudebeck
Smart Machines—A Strong Fit for the Municipal Industry
by Vidhu Aggarwal
Part II: 10 Myths About US Investment Advisers Making Political Contributions (Myths 6-10)
by Kevin Ehrlich
It has been well telegraphed that European government bonds are negative-yielding across countries and tenors. In this post we look at the impact of negative-yielding government bonds on corporate bonds, considering both the market dislocations caused as well as the fundamental impacts.
Western Asset’s Michael Buchanan and Robert Abad explain why we believe the underpinnings of the current credit cycle are more nuanced than those of prior cycles.
John Bellows, Western Asset Portfolio Manager, appeared on CNBC’s Squawk Alley to weigh in on recent jobs and manufacturing data, recession speculation, and the significance of the Fed’s shifting outlook.