◀ The Principal Blog

Posts by Randy Woodbury, Portfolio Manager/Trader - Investment Grade Credit, Principal Global Fixed Income

CoCos Pop with Opportunity – Meeting the Quest for Yield



As investors continue to search for yield, CoCos, short for contingent convertible bonds, may offer investors exactly that. Created in the aftermath of the financial crisis, CoCos have quickly become a popular choice among investors. But what exactly are they, why are investors drawn to them, and…

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Markets Rally with Relief – Reaction to March FOMC Minutes (Video)



Back in March, I commented on the bond market’s reaction to comments made by Federal Reserve Chair Janet Yellen following the March 18-19 Federal Open Market Committee (FOMC) meeting, Fed Said Higher Rates Ahead – How Will Bonds Respond? The formal meeting minutes were released Wednesday (April…

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