Insights

Considerations for a changing rate environment.

Rate cut seen as preventative medicine in the face of global uncertainties.

Concern over the size of high-yield muni debt is unwarranted.

Senior Portfolio Manager Randy Bauer outlines how the limited interest rate risk and low volatility of ultrashort bonds can support investors regardless of market, rate and economic cycles.

We're looking to the yield curve, currencies and security selection for alpha.

Only 0.1% of investment-grade companies defaulted in the last 35 years.

Senior Portfolio Manager R.J. Gallo discusses his outlook for interest rates.

Here are three key reasons.

Not always, and here's why.

Events in coming weeks may determine if yields have further to fall.

The U.S.-China trade fracas has not roiled credit markets.

Policymakers hewed to their policy of 'patience.'

Risks between upward and downward moves appear relatively balanced.

After a strong first quarter, high yield and other credit securities settle into a clip-the-coupon environment.

Senior Portfolio Manager and Head of High Yield Bond Group Mark Durbiano discusses the factors that have contributed to this year’s turnaround in the high-yield bond market.

At this later stage of the cycle, Federated views this asset class primarily as a good 'clip the coupon' story.

Inflation shows little sign of breaking out. Until it does, it's difficult to see long rates breaking up in any significant manner.

Portfolio manager John Sidawi sees opportunities as headwinds in three key areas—Fed rate policy, the dollar's direction and idiosyncratic risks—shift to potential tailwinds.

A Fed on pause, an easing of trade worries and the pricing in of most geopolitical worries make for EM tailwinds.

January's rally was particularly strong across fixed-income credit sectors. With spreads narrowing, momentum could ease in the months ahead. But the outlook remains positive.

The Fed kept rates steady, making markets happy with a dovish pause.

It was a no good, very bad fourth quarter for the credit bond markets, too. It's hard to see the first quarter being the same.

The majority of BBB-rated debt is issued deliberately by healthy companies, not those on the brink.

Equity market behavior is strongly correlated with high yield performance.

3 factors may dictate how bonds do in 2019: the Fed (is it close to neutral?), the economy (how slow will it grow?) and inflation (will it remain muted?).

Portfolio Manager Ann Ferentino outlines the reasons why muni bonds are attractive now.

Several factors that drove yields lower have turned more favorable, but a lack of clarity still clouds the outlook.

There are many parallels between the markets and economy today and in 2015-16. For those fearing recession, that's a good thing.

Volatile period doesn't change solid fundamentals, indicating potential upside if markets settle down as expected.

The FOMC left policy rates and most language of its policy statement unchanged.

Contrary to their reputation BBB-rated corporate debt has much to recommend itself.

Federated seeks to lessen potential fixed-income volatility amid rising rates, midterm election uncertainty and a Fed that's trying to stick the landing.

Expect the Fed to fade and value to return to mortgage market.

Portfolio Manager Jason DeVito offers insights on how tariffs and trade talks are affecting global and fixed income currency investments and where he's finding investing opportunities now.

Inflation and rates may rise, but a surge is unlikely.

The Fed leader stood his ground, saying 'gradual' rate normalization remains the strategy.