What's Going On With Treasury Rates?

We think the Fed has time to assess the impact of tariffs, and we expect it to wait to cut rates until the data show that tariffs are impacting the real economy. So far, there are no signs of recession in the hard data. The tariff pause offers the possibility to avoid worst-case economic scenarios before the damage is crystalized. We believe technical factors will continue to drive market dislocations in spreads and sectors, and that active managers can navigate this more effectively.

Seeking Alpha • Apr 18, 2025

The Credit Opportunity In M&A

M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.

Seeking Alpha • Mar 4, 2024

ETF Flows, The Winners And Losers In Volatile Markets

Recent uncertainty, instigated by the issues seen across the financial sector, has led to a change in investment flows seen across exchange traded funds. A change in investment flows can be seen over the month of March as equity market volatility has increased.

Seeking Alpha • Mar 22, 2023

A Smart ETF Approach to Bond Markets Today

As we consider risks in the fixed income markets today, investors can turn to smart beta bond exchange traded fund strategies to better position for the unusual environment. In the recent webcast, Fixed Income is Back.

ETF Trends • Jan 18, 2023

Fixed Income is Back. Goldman Sachs Strategies for 2023.

After enjoying the smooth ride for many years, fixed income investors are suddenly faced with the risks associated with rising interest rates. Despite a rapidly changing fixed income environment, there is a path forward for bond investors.

ETF Trends • Jan 17, 2023

Goldman Sachs Says Bonds Will Outperform Stocks Next 12 Months

At the height of the Covid-19 sell-offs in March, bonds were the capital markets’ safe haven of choice as investors piled into bonds by the droves. As more economies look to rebound from the pandemic, it might seem that investors are more apt to turn up the risk dial and dive back into equities, but [.

ETF Trends • Aug 31, 2020

Bonds Are Still a Safe Option Even for Hesitant Investors

There’s some talk in the markets that bonds have had their day in the sun and now their time is up. Gold, for example, could supplant bonds in a traditional 60-40 asset allocation, but bonds can still be a safe option even for hesitant investors.

ETF Trends • Aug 28, 2020

Global Investors Are Buying Up Australian Bonds

With yields at record lows, investors are searching for yield wherever they can find it. One of the countries that has been seeing an influx of investor capital is Australia.

ETF Trends • Aug 27, 2020

Renewed U.S.-China Tensions Give Bond ETFs a Boost

Whether it’s trade agreements or Covid-19, bond exchange-traded funds (ETFs) have been the beneficiary of U.S.-China trade tensions.

ETF Trends • Aug 19, 2020

Low Yields are Making Investors Rethink the 60-40 Split

The 60-40 stock-bond allocation did a lot of investors favors during the Covid-19 selloffs back in March as investors rushed to safe havens when equities were selling off and rates were dropping. Those low yields are now making investors rethink that 40% bond allocation as they look to other alternative assets to fill the void.

ETF Trends • Aug 5, 2020