Does Election Season Influence the Fed’s Decisions?
July 1, 2024 — There’s a debate about whether the timing of US presidential elections impacts the Federal Reserve’s policy choices. In this week’s newsletter, we look at the Fed’s rate moves during election years and provide an outlook for the second half.
Featured Insights
Fixed Income
A Rising Star — Fed Raises Projections for Long Term Fed Funds Rate
June 17, 2024 -- The interest rate environment over the past nine months has resembled a pendulum as markets (and Fed officials themselves) attempt to shift from a hiking to...
Fixed Income
Fixed Income Perspectives — June 2024
June 24, 2024 -- This presentation provides an overview of our market outlook and key themes, and it illustrates how Sage is positioned in the current environment.
Municipal Fixed Income
Old School v. New School – Not All Tobacco Bonds Are the Same
June 20, 2024 -- While the investment grade tobacco index has outperformed the municipal broad market index by almost 150 bps YTD through May, the high yield tobacco . . .