Navigating Macro Headwinds While Searching for Yield – A Capital Structure Approach



You walk into work one morning, fill up your coffee cup, turn on your computer, and click over to your favorite news site. In an instant, you see there’s rioting in the streets of Istanbul. Argentina’s currency is in a freefall. The Federal Reserve has hiked interest rates unexpectedly, while…

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Confessions from the Trading Desk: Coming Attractions…September Won’t Be Boring



For those involved in trading the fixed income markets, August is usually one of the more mundane months.  Issuance of new corporate debt slows down significantly since many global investment professionals are on vacation, forced two-week leaves, or holidays, which results in liquidity that is…

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