The concerns a taxable investor should consider in a low-rate environment
We are joined by Heather Mason-Wood, Chief Strategy and Operating Officer, to discuss the main concerns a taxable investor faces in this low-rate environment. To learn more about the effects of low rates on investing…
Market recovery and speculative investors
Jhordan is joined again remotely by portfolio manager Brian Carney to discuss the impact of speculative investing and whether or not there is still value in corporate debt.
Central Bank stimulus & trading in the credit market
Canso PMs discuss the BoC and Fed’s financial stimulus response to the pandemic and how it’s affected trading in the credit markets.
Credit market volatility & value in corporate debt
We’re joined remotely by Brian Carney to discuss credit market performance, treasury yield volatility and how widening spreads point to potential value in corporate debt.
The risks of the increasing duration in the corporate bond index
As government bond yields hit all time lows, creditworthy issuers are borrowing for the longest terms possible and index duration is now more than a full year longer than pre-Credit Crisis levels. We address the…
The cost of inflation when investing in a low yield environment
The current environment of low government bond yields exceeded by the rate of inflation is not appealing. Some institutional investors are obligated to own these securities for regulatory reasons; for investors not beholden to these…
Recent challenges in the Repo market
We address recent challenges in the front-end of the U.S. financing market and the relationship between outstanding debt and cash in circulation in this preview to the November 2019 Canso Market Observer. Read more in the November 2019 edition of…
Investing in a low rate environment
We discuss the current low rate environment and the potential dangers of stretching for yield in this preview to the August 2019 Canso Market Observer. Read more in the August 2019 edition of the Market…
BBBs and other things
We discuss the potential threat to market stability posed by the increase in BBB rated corporates in the credit markets. Read about this and other interesting things in the June 2019 Canso Corporate Bond newsletter.