Posts tagged ‘interest rate’

Yield 2

A Different Perspective on “Yield”



For the last several years, it’s felt like almost every conversation in the investment world has revolved around one topic – yield. Dividend strategies…high yield bonds…REITs…income…yield! So I was intrigued when I saw that the word yield is actually appearing…

Read more

From the desk of risk: How to Hedge Tail Risk Efficiently



We can give three simple reasons to support the use of volatility products to hedge tail risk in fixed income portfolios. First, equity volatility and bond prices have a strong conceptual link.  If you think of a corporate bond as functionally equivalent to a risk-free asset (like a Treasury bond)…

Read more