Last week, Senate majority leader, Mitch McConnell, raised concerns in the muni market with his suggestion that states should be enabled to file for bankruptcy. Read on for an analysis on the Senator’s proposal.
A Drunk Man in the Snow: The Random Walk of Interest Rates—Guggenheim Investments
Investors’ reach for yield puts downward pressure on 10-year Treasury rates, likely rendering the current yield unsustainable.
A Ripe Environment for Strong Credit Performance—Guggenheim Investments
Our positive 2021 economic outlook, combined with better-than-expected company fundamentals, supports strong credit performance and spreads.