TwentyFour Blog | Read | 1 min 2 Mar 2023 February pull-back widens the entry point for fixed income February was a nasty throwback to the sort of market conditions that battered fixed income in 2022, but the pull-back has given anyone worried they’d missed the January rally an even better opportunity, says Charlene Malik. Read more
TwentyFour Blog | Read | 2 min 20 Feb 2023 High yield data shows buffer in corporate balance sheets While corporate fundamentals are expected to deteriorate as rate hikes hit the economy, many metrics are pointing to record strength in the European high yield space, says George Curtis. Read more
TwentyFour Blog | Read | 2 min 14 Feb 2023 UK consumer caution bad for growth, but good for bonds With UK consumers holding on to more of their pandemic-era savings than their US counterparts, Felipe Villarroel looks at what it means for bond investors. Read more
TwentyFour Blog | Read | 4 min 7 Feb 2023 Fundamentals suggest more upside for high yield bonds With risk assets rallying hard in the early weeks of 2023, Chris Holman reviews fundamentals in high yield bonds to see if recent performance has left any value in the market. Read more
TwentyFour Blog | Read | 3 min 2 Feb 2023 No, you haven’t missed the fixed income rally Strong performance across markets in January has left some investors feeling they’ve missed out on the rally in bonds. No need to worry, says Felipe Villarroel. Read more
TwentyFour Blog | Read | 3 min 25 Jan 2023 Having your cake and eating it While yields have soared in recent months and created a broad buying opportunity in fixed income, Aza Teeuwen says investors should look at floating rate bonds to benefit from higher coupons today. Read more
TwentyFour Blog | Read | 3 min 18 Jan 2023 Time to extract Europe’s elevated bond spreads With projections for European growth and inflation being hastily revised in early 2023, the region’s bonds are still paying investors a premium that may not be around for long, says Dillon Lancaster. Read more
TwentyFour Blog | Read | 1 min 3 Jan 2023 High starting yields to boost IG demand With fixed income starting yields at their highest level for a decade, George Curtis expects increasing demand for investment grade bonds to boost the market as we enter 2023. Read more
TwentyFour Blog | Read | 15 min 6 Dec 2022 The Rodney Blog 2023: A return to returns In our annual ‘Rodney Blog’, Eoin Walsh says that with rates now offering both yield and downside mitigation, and credit yields at near-decade highs, fixed income investors could enjoy strong returns in 2023 Read more
TwentyFour Blog | Read | 4 min 9 Nov 2022 Credit quality deterioration is inevitable Credit metrics will continue to deteriorate in the next year or two, but European high yield bonds in particular are pricing in too severe a downturn, says Mark Holman Read more
TwentyFour Blog | Read | 4 min 14 Oct 2022 Has the UK risk premium gone too far? With some UK bank bonds now trading with higher yields than their counterparts in Turkey, Mark Holman questions whether the dumping of UK and sterling assets has gone too far. Read more
TwentyFour Blog | Read | 3 min 8 Sep 2022 Default risk still subdued despite escalating energy crisis While economic uncertainty in Europe is building, the healthy cash balances and low refinancing needs of Europe’s high yield bond issuers make a spike in defaults unlikely, says George Curtis. Read more