1. Emerging markets (EM) corporate spreads have almost recovered to year-end 2019 levels, as strong..

Emerging Markets, Fixed Income, Sector Outlook

1. About $184 billion of investment grade debt was downgraded to high yield in 2020. How could..

Credit Research, Fixed Income, Sector Outlook

Over the past several weeks, a handful of Chinese state-owned enterprises (SOEs) defaulted on their..

Credit Research, Emerging Markets, Fixed Income

Things may be looking up for the healthcare and pharmaceutical sectors. While states have yet to..

Credit Research, Fixed Income, Election

Recently, municipal bond defaults have been rising. Compared to last year’s totals, municipal bond..

Fixed Income, Municipals, COVID-19

Many equity analysts seem bullish about former Vice President Joe Biden’s plans to remake the..

Credit Research, Fixed Income, Election