Each month, Ryan Labs portfolio management team shares their thoughts and comments on the investment grade fixed income marketplace. For a snapshot of the issues that have arisen in the capital markets and their impact on the credit markets, Bond Market Watch provides invaluable insights for plan sponsors and trustees.
JUNE 30, 2010:While the 1st quarter in the fixed income markets was marked by spread compression and riskier assets outperforming, things reversed in the second quarter. Domestic growth concerns have replaced worries about the European debt crisis as the slack in aggregate demand is slow to abate. Persistent new jobless claims and a stubborn unemployment number at 9.5%...more >
MAY 31, 2010:The month of May showed a continuation of the uncertainty expressed after the events of April. The European debt crisis continued to weigh on investors’ minds while there seems to be no end in sight for the oil disaster in the Gulf. While the topic du jour in the earlier part of the year surrounded the debate on inflation versus deflation, considerable global macroeconomic uncertainty...more >
APRIL 30, 2010:This is not an effort to trivialize the market moving events of April but this month was a “three-ring circus.”The Deepwater Horizon oil drilling platform, operated for BP (British Petroleum) by Transocean Ltd., burned and sank this month, leaving eleven dead and an open well on the ocean floor.The government and the oil industry are struggling to contain the resulting oil slick.more >
