Cracks Appear in the Corporate Bond Market

October 23, 2023 — While credit spreads are far from showing signs of systemic stress, we have seen signs of a buyer “push-back” in the corporate new issue market, which could indicate further credit softening.

  • DATE: October 23, 2023
  • TYPE: PDF
generic image

Featured Insights

generic image
Fixed Income

Investor Concern Shifts to the Long End — Fixed Income Outlook in 5 Charts

October 20, 2023 -- After the increase in Treasury issuance in July, and concerns around the sustainability of the fiscal deficit, investors spoke loudly, demanding a . . .

Learn more >

generic image
Fixed Income

Fixed Income Perspectives — October 2023

October 17, 2023 -- This presentation provides an overview of our market outlook and key themes, and it illustrates how Sage is positioned in the current environment.

Learn more >

generic image
Fixed Income

When the Tax Equivalent Yield Outpaces Cash

October 16, 2023 -- A historic rise in municipal bond yields offers high-net-worth investors with an excellent opportunity to capture tax-free income in an asset class . . .

Learn more >