Co-CIO Ken Leech reviews the latest economic indicators fixed-income investors should be watching, along with our views on Fed policy, an update on the fight against inflation, our macro outlook for the rest of the year and more.
Macro Opportunities Strategy Update—Focusing on Today's Macro Opportunities
Prashant Chandran and Joe Filicetti discuss implications of the current market environment on the Macro Opportunities strategy, and further discuss the strategy’s latest positioning, performance, and why we believe it’s well-positioned for the next 12-24 months.
PM Exchange—The Compelling Case for Credit and Higher-Quality Bonds
The credit markets rebounded considerably after last year’s rout, but now spreads are tighter and quality matters more than ever. On this PM Exchange webcast, we’ll drill down on our views regarding valuations and fundamentals for agency mortgage-backed securities (MBS), investment-grade credit and a sector under a tremendous amount of pressure, commercial MBS (CMBS)—as well as where we’re seeing opportunities.
Portfolio Manager Julien A. Scholnick and Product Specialist Travis M. Carr, CFA review the investment strategies’ latest portfolio positioning and performance, along with Western Asset’s macro outlook for the months ahead.
PM Exchange—Renewed Optimism for Fixed-Income in 2023
In our 1Q23 PM Exchange webcast, Deputy CIO Mike Buchanan, Head of US High-Yield Walter Kilcullen, Portfolio Manager Molly Schwartz and Head of London Operations Mike Zelouf discuss what happened last year, including the breakdown of the traditional fixed-income/equities negative correlation, and share our latest insights for the year ahead on inflation, Fed policy and where we’re finding value.
Western Asset's John Bellows and Travis Carr discuss the strategies' latest positioning and performance given the macro outlook, and why they believe fixed-income in 2023 could be particularly attractive to investors as the volatility of 2022 recedes.
The Fed and Liquidity Markets: Continued Tightening, but at a Slower Pace?
Mark Lindbloom and Kevin Kennedy will review the impact of the Federal Reserve's policy actions taken so far in 2022 on liquidity and broad-market investors while also providing their outlook for the upcoming quarter.