The credit ratings industry has yet to figure out how best to incorporate climate risk in its models, so fixed-income investors are largely having to rely on their own assessments.
The stalwart strategy for investing is far from dead say Wall Street experts.
Volatility is heightened by uncertainty but yields are still trending higher.
The iShares 20+ Year Treasury Bond ETF continues to gain inflows.
Investors have seen returns as high as 16% from one class of debt instrument.
Underlying core inflation is cementing opinion for the end of the cheap money era for now.
There's likely to be just $40 billion of corporate-grade ESG debt issued in the U.S., which is half what U.S. companies issued last year.
'The acceleration in growth justifies higher rates and hawks will remain concerned about backsliding on progress made on inflation,' says an economist.
Fixed-income assets will remain less appealing unless stocks fall in the coming weeks.
US jobs data added to expectation that the Fed has more hiking to do.
'Is this the year of the bond ETF? Certainly flows seem to be shouting that from the rooftops,' says VettaFi's Lara Crigger.
Benchmark US yields jumped to the highest levels in 16 years Monday.
Cash has clout again and suddenly financial advisors have real decisions to make about the excess funds in their client accounts.
'I intend to vigorously defend myself against these claims,' broker Tony Barouti states.
Optimism has been shattered by the tougher stance taken by the central bank.
Asset manager sees greater risk in high-yield, but says it’s generally good risk.
US dollar is gaining strength and some analysts expect it to go further.
Both new products would focus on the fixed-income market.
Markets are readjusting for rates that are higher for longer.
Emerging markets look more attractive once rich-world bias is corrected.
