Market Views - Fixed Income

Our experienced investment professionals have managed fixed income portfolios for more than 40 years. Choose an article to read our views on the economy and today’s bond markets.

Fed Watch: 'Relatively soon,' teases Fed 
Jul. 26, 2017 :: Donald Ellenberger
Today's policy statement resulted in no change in rates and no new information on reducing its balance sheet.
Fixed Income Outlook: Pardon the interruption 
Jul. 10, 2017 :: Robert Ostrowski
Six months into the year and we find ourselves pretty much where we started, despite or maybe because of all the political drama.
Fed Watch: A hike, but a focus on inflation 
Jun. 14, 2017 :: R.J. Gallo
The Fed and the markets are most concerned with still disappointing inflation levels.
Market Memo: Don't fear the low 'fear indexes' 
May 16, 2017 :: Donald Ellenberger
There are several reasons that market volatility has been low.
In Short: Puerto Rico, as expected, files for bankruptcy-like proceedings 
May 4, 2017 :: Lee Cunningham
Move has little impact on market.
Fed Watch: No hike, but also no worries 
May 3, 2017 :: Donald Ellenberger
With no Fed action at today's meeting, eyes turn to June's.
In Short: Mortgages aren't offering a lot of value 
Apr. 17, 2017 :: Todd Abraham
Three reasons the fixed-income team at Federated has shifted to underweight in residential MBS.
Fixed Income Outlook: For now, we're playing the waiting game 
Apr. 10, 2017 :: Robert Ostrowski
Federated maintains modest overweight in corporate credit and shifts to underweight in mortgages while awaiting policy clarity that could impact rates.
In Short: 3 reasons to like corporate bonds 
Mar. 23, 2017 :: Donald Ellenberger
President Trump's agenda, if approved, should prove beneficial for corporate credit.
Fed Watch: Fed steps up the pace 
Mar. 15, 2017 :: R.J. Gallo
The Fed met market expectations by hiking rates and implying it is on course for two more this year.
Fed Watch: A 'mandated' hike? 
Mar. 10, 2017 :: R.J. Gallo
A hike near certain, the dot plot and Yellen’s press conference hold greatest market-moving potential.
In Short: Trade shifts shouldn't diminish opportunity in EM bonds 
Feb. 13, 2017 :: Ihab Salib
Many emerging-market countries stand to benefit from potential Trump administration policies.
Q&A: On the MOVE—what does this bond volatility index tell us? 
Feb. 7, 2017 :: Chengjun (Chris) Wu
A closer look at a lesser-known, but helpful gauge of uncertainty about rates.
Fed Watch: Next stop, Congress 
Feb. 1, 2017 :: Donald Ellenberger
As expected, the Fed left rates unchanged at its latest policy-setting meeting.
Fixed Income Outlook: The more things change, the more they stay the same 
Jan. 13, 2017 :: Robert Ostrowski
Corporate credit still favored but with rates likely to rise, duration and yield-curve positioning will be key.
2017 Outlook: Solid tailwinds for high yield 
Dec. 16, 2016 :: Mark Durbiano
It may be difficult to replicate 2016's performance but a lot of macro factors are likely to remain supportive for high-yield bonds in 2017.
Fed Watch: 1 hike now + 3 in 2017 = optimism 
Dec. 14, 2016 :: Donald Ellenberger
The Fed delivers on a 25 basis point hike, and shows confidence in growth for 2017 by signaling three more.
3 Questions: Federated Bond Fund 
Dec. 7, 2016 :: Brian Ruffner
A growing economy and potential policy changes under Trump should support a continuing constructive environment for corporate bonds.
Market Memo: When it comes to yields, the times they are a changing 
Nov. 17, 2016 :: William Ehling
Expectations for a big stimulus punch on top of budding signs of inflation have yields moving higher.
Muni Watch: Post-election, what's next? 
Nov. 16, 2016 :: R.J. Gallo
Like the broader bond market, municipal bonds have sold off somewhat post-election but year-to-date performance remains positive.
Election Special: Jitters, stabilization and then? 
Nov. 9, 2016 :: Robert Ostrowski
As Trump's win settles in, the question is whether he'll stick to trade and tax-cut policies he promoted. If so, expect higher rates and a steeper yield curve.
FedWatch: Tune in next meeting 
Nov. 2, 2016 :: R.J. Gallo
With today's FOMC statement essentially a repeat of September's, the stage is set for a December hike.
Fixed Income Outlook: Still a credit story, just less so 
Oct. 7, 2016 :: Robert Ostrowski
Corporate and mortgage-backed securities remain overweight but are inching closer to neutral in our allocation models.
Election Watch: Who's going to win? The peso might tell you 
Sept. 30, 2016 :: John Sidawi
Currencies can be an indicator of major political events.
FedWatch: A 'hawkish hold' for rates 
Sept. 21, 2016 :: Donald Ellenberger
The Fed didn't raise rates today, likely pushing a hike to December, just like last year.
FedWatch: Hints may be all we get 
Sept. 16, 2016 :: Donald Ellenberger
While a hike is unlikely in the upcoming FOMC meeting, Fedspeak might suggest one could come in December.
Q&A: Does the troubled pension plan environment hold opportunity? 
Aug. 19, 2016 :: R.J. Gallo
It is important to consider pension plans on a state-by-state basis.
Fixed Income Liquidity: The new SEC proposals and Federated 
Oct. 27, 2015 :: Robert J Ostrowski
The subject of bond market liquidity continues to get a lot of attention through press articles and proposed Securities and Exchange Commission (SEC) reforms.

Webcast: Fixed Income Outlook

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