The Weekly Fix

On today’s episode of The Weekly Fix, Stephen Fitzsimmons, Institutional Portfolio Manager on the BlueBay U.S. Fixed Income Team, discusses how each data release has been causing volatile price movements in fixed income markets. And he notes that this price movement opens opportunities to adjust portfolio strategy tactically.

In today’s episode of The Weekly Fix, Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income Team, reviews the “haves” and the “have-nots” in today’s high-yield market and explains why investors should find the right balance between safe, income-generating bonds and investments in unloved areas of the market.

In this week’s episode of The Weekly Fix, Stephen Fitzsimmons, Institutional Portfolio

Manager on the BlueBay U.S. Fixed Income team, discusses how risk assets and

rates were bolstered by the latest release of inflation data.

In this episode of The Weekly Fix, Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income Team, discusses how disappointing CPI data have pushed yields higher so far this year, while lack of new supply has squeezed the market.

In this episode of The Weekly Fix, Stephen Fitzsimmons, Institutional Portfolio Manager on the BlueBay U.S. Fixed Income Team, discusses how different data readings over the past week moved markets, as investors seek clues to future Fed moves.

In the latest episode of The Weekly Fix, hear from Andrzej Skiba, Head of BlueBay U.S. Fixed Income at RBC GAM, on why this week’s FOMC meeting will likely see the Fed on hold, and what investors can expect if the April CPI Core released mid-month lets us down again and the “higher for longer” narrative takes hold.

Corporate earnings may be in focus this week, but macro questions continue to weigh on bond markets. Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income Team, shares his insights in this episode of The Weekly Fix.

In this episode of The Weekly Fix, Stephen Fitzsimmons, BlueBay Institutional Portfolio Manager, discusses how the reality of the data shows there is no evidence that the US economy needs lower rates any time soon.

Have prospects for strong fixed income returns this year been diminished by robust U.S economic data? Listen in as Andrzej Skiba, BlueBay Head of U.S. Fixed Income, discusses why this week’s release of CPI data will give us insight into the future decision making of the Fed.

Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income team discusses how the strong but not too strong economic conditions have led to a positive environment for fixed income markets.

Key points:

• Broadly speaking, the underlying technicals are very positive for corporate credit.
• Idiosyncratic risk in a few areas of the market have generated volatility.
• We experienced a higher default rate in March, but our view is that defaults will remain benign this year & trend upward next year.