Insights

Stock-bond model keeps 2% equity overweight but shifts from growth bias.

New spike in Covid-19 cases threatens recovery's path.

A wall of worry vs. a wall of liquidity is limiting back-half options.

Dramatic dislocations offer selective potential upside in fixed-income credit.

The dichotomy between market tranquility and abundant uncertainty has us remaining highly selective.

Attractive valuations exist across IG and high-yield credit segments.

Volatility comes and goes, but in the end, it’s about doing your homework.

Data over the next few weeks and months will be ugly, but better times lie ahead.

A torrent of events in 2020’s first quarter rattled the global economy and markets. What’s the outlook for investors for the rest of the year? Join Phil Orlando, R.J. Gallo and Linda Duessel as they share insights.

Suffering states aren't seeking this option and, under current law, can't anyway.

As bad as it may seem, history suggests better days and opportunities lie ahead.

We're in somewhat of a holding pattern as we await clarity ... and opportunity

Unprecedented Fed and government support helps restore semblance of normalcy amid crisis.

Fear, social distancing and avoidance of anything with a hint of risk.

Policymakers keep coming up with more ways to support markets and economy.

A perspective on the volatility gripping short-term fixed-income markets and the outlook ahead.

Past episodes of spiking spreads suggest opportunities await on the horizon.

Virus-related disruptions hitting munis (and other asset classes) eventually will end.

Short-term government securities benefit as virus fears sidetrack global risk markets.

As investors seek not only relative safety, but liquidity via Treasuries, muni valuations have benefited.

3 preconditions should help determine when the worst has passed.

High yield has been underweight energy for some time on its roller-coaster past.

We run down 2 scenarios: falling further or bouncing higher.

EM economies are in better shape than in previous crises and could benefit from policy responses to the coronavirus.

The material risks facing pharma go beyond reputational harm.

The coronavirus may cause short-term pain but underlying drivers of growth remain intact.

WeWork fiasco illustrates how governance matters.

It was a really good year for fixed income. 2020 may prove more challenging.

Identifying environmental, social and governance risks may help avoid hard-to-see pitfalls.

Shorter-duration bonds can still be an attractive option in a low-rate environment.

Here are three reasons.

Portfolio Manager Nick Tripodes explains how he’s positioning portfolios for the current rate environment.

Their credit quality, tax-exempt income and diversification can stand out in uncertain times.

Access to credit markets with reduced rate risk, for starters.

In the search for alpha, yield-curve positioning, currency and security selection take center stage.

Decelerating growth and rising geopolitical worries are bond friendly.

The dollar has strengthened even as the Fed has cut rates.

As was the case when first looking at the issue eight years ago, the answer is no.

Bond yields have reversed much of the August decline. The reasons are many.

One big one: if you hold it to maturity, you'll lose money.

Federated CIOs see opportunities in cash, yield-curve positioning and growth stocks.

From here, they could break either way. But Federated's base case remains a recession isn't imminent.

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

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.

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

Here are three key reasons.

Not always, and here's why.