Debt Ceiling Deadline Looms – Expect Volatility in Risk Markets
April 28, 2023 — Despite a 100% historical hit rate on raising the debt ceiling, investors are nonetheless concerned, which is creating some dislocations in the T-bill market. An eleventh-hour compromise is our base case scenario, which should weigh on risk assets and drive up market volatility going into summer.
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Fixed Income
The Market Environment for Short Term Investors
April 25, 2023 -- The following study shows how modest duration extension post-hiking cycles extends the period . . .
Fixed Income
Fixed Income Perspectives — April 2023
April 13, 2023 -- In this presentation, Sage answers the 4 big questions (outlook for macroeconomic growth, Fed policy, valuations . . .
Fixed Income
Value, Regulation & Liquidity – How Sage Views the Banking Sector
March 24, 2023 -- Our view on the banking sector has been based on three factors: value, regulation, and liquidity. In this piece, Sage addresses . . .