Inflation is a hot topic these days, as prices of goods and services have been increasing at their fastest pace in over 40 years. U.S. consumers are paying 14% more for food than before the pandemic. Those in the market … Read More

The start of the year was a wild ride for fixed income investors, as macro volatility coupled with rising Treasury rates has led to negative returns across nearly every asset class. Emerging markets fixed income has fared the worst, down … Read More

Investor’s ability to trade U.S. government debt has deteriorated to its lowest point since the ructions of March 2020, deepening worries about the world’s most important bond market as the Federal Reserve tightens the monetary policy. Liquidity, or the ease … Read More

The combination of higher Treasury rates and wider credit spreads has led to higher all-in yields across the capital structure, which represent more-attractive levels today relative to even just a few months ago. At the top of the capital structure, … Read More

Monetary policy tightening, in response to elevated inflation and a strong labor market, will likely lead to increased interest-rate volatility this year. Just as quantitative easing and low interest rates have aided the performance of risk assets over the past … Read More

Popular ERISA safe harbor features expose DC participants to increased levels of risk and retirement income insecurity.

DoubleLine’s investment team follows a mandate that tries to avoid taking risks that historically have led to catastrophic principal losses. In fact, the name … Read More

Since the Feb. 24 invasion of Ukraine by Russia, the West has moved forward with a series of severe sanctions aimed to exact an economic toll on Russia in order to force Moscow to stop the invasion. These sanctions will … Read More

For full-year 2021, Agency MBS gross issuance was a record $3.5 trillion, a 9% year-over-year (YoY) increase, and net issuance was $880 billion.2 (Figure 1) Low mortgage rates and strong home price appreciation (HPA) contributed to record-high purchase and refinancing … Read More

The lowest rated blue-chip corporate bonds are attractive, given fatter yields and less downgrade risk than higher-quality debt, according to Monica Erickson at DoubleLine Capital. “Companies learned a lesson in 2022 that being investment-grade is a significant advantage,” said Erickson, … Read More

The objective of the DoubleLine Real Estate and Income Strategy is to outperform the Dow Jones U.S. Select REIT Total Return Index over a full market cycle. The strategy combines two differentiated sources of return: the DigitalBridge Fundamental U.S. Real … Read More