Fixed Income
Stablecoins now hold hundreds of billions of dollars of US Treasuries, linking crypto sentiment to safe-haven bonds and adding a new layer of risk for investors.
Why did puttable bonds vanish? This piece explores the gap between rights and power, and why markets rejected a contract without control.
No asset is truly safe. But diversifying into steady, low-volatility stocks can help investors lose less—and stay invested for the long run.
Surprise, surprise. Contrary to conventional wisdom, the bond market may be taking its risk cues from equities. At least, that appears to be the case when fluctuations in the two major volatility indices are compared.
This chatbot-style tool allows investment analysts to query complex research materials in plain language without ever exposing sensitive data.
Explore red flags in private markets as speculative excess, retail marketing, and valuation risks mount. Lessons from financial history.
Private credit's accelerated growth raises critical questions about liquidity, transparency, and systemic risk.
This post examines the potential consequences of coordinated dollar depreciation today -- from FX volatility and insurance risk to broader macroeconomic impacts.
Think +1,000-bps high yield spreads are history? Marty Fridson shows why they could still hit that mark in the next recession.
Learn how tariff-related inflation shocks ripple through markets—and which assets have historically helped investors navigate the turbulence.