Now Blogging Regularly – Principal Global Fixed Income!
Welcome to the new Fixed Income segment of The Principal Blog! The video below gives a quick look at what to expect.
Engineering the Volatility Out of the Market
What’s one of the most noticeable consequences of the Fed’s third round of quantitative easing (i.e. QE3)? It’s the stark drop in fixed income volatility. Look at the chart below, which demonstrates this point for the investment grade credit market. The blue line is the rolling 21-day…