◀ The Principal Blog

Posts tagged ‘Federal Reserve’

High Yield – Don’t Believe the Hype



Some in the investing public have tried to explain the recent sell-off in high yield with charts similar to those below. What they’re trying to portray is that the recent growth in fixed income mutual fund assets has exploded and could potentially overwhelm the dealers’ balance sheets and thus…

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Central banking: The New Era



Rate normalisation is the phrase on everyone’s lips. Well, maybe not everyone’s…some people have just been saying “higher interest rates.” Currently, the United States and the UK look like they going to be the pathfinders, striding toward rate hikes while several other major central banks…

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