◀ The Principal Blog

Posts tagged ‘fixed income’

Where We See Value Along the Muni Curve

Against the backdrop of strong economic growth in the United States and a job market and wage growth that are continuing to rise at their fastest clip since 2008, the Federal Reserve (Fed) is well on the path to an interest rate hike in the second half of 2015. Consequently, with inflation running…

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European High Yield: Still Home for Opportunities

Despite the macroeconomic challenges, including the recent Greek elections and the crisis in Ukraine, the European high yield market has rallied thus far in 2015. In fact, the Merrill Lynch Euro High Yield Index has returned 1.4% YTD as of 9 February, with spreads tightening by 10 basis points…

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