How do AXI and FXI reflect market and geopolitical risks?
April 17th, 2024 | In Research Note
Market Insight – April 2024 The recent escalation of the current Middle East conflict has sharpened the focus of credit market participants on geopolitical risks and what it might mean for valuations and spreads. In this note, we consider the recent history of USD credit markets, how they have responded to geopolitical risks relative to financial markets risks, and how these risks are reflected in the Invesco…
What is driving credit spreads tighter?
April 2nd, 2024 | Research Note
Market Insight – April 2024 Measures of credit spreads moved tighter and market…
What are AXI and FXI telling markets about current financial...
February 21st, 2024 | Research Note
Market Insight – February 2024 Recent commentary by US Federal Reserve officials indicates…
NYU Professor Tuckman on Short-Term Rate Benchmarks: the Post-LIBOR Regime
May 7th, 2023 | Research Note
Bruce Tuckman is a Clinical Professor of Finance at the Leonard N. Stern…
Unintended Impact of LIBOR-SOFR Transition on Credit Markets and Economic...
March 10th, 2023 | Research Note
In this note, I discuss the impact of the London Interbank Offered Rate…