NDR Fixed Income Allocation Strategy April 2023 Update

The NDR Fixed Income Allocation Strategy, Positioning Update

BY BRIAN SANBORN

Entering April, the fixed income allocation strategy is overweight International Investment Grade, Emerging Market Bonds, Treasury Inflation-Protected Securities, and Mortgage-Backed Securities, while Floating Rate Notes, U.S. Long-Term Treasurys, and U.S. High-Yield Bonds are underweight.

Click the link below to read more about the strategy’s positioning.

Full strategy commentary: NDRFIAS202304041

Other posts

USDJPY: Update and Strategy Observation

BY JON WEBB

As USDJPY probes back towards the lows of its “liftshaft” experience in early August, longer dated implied volatility is on the rise and skew favours puts over calls even more than before. Read more →

December 2: The Week Ahead

BY TEMATICA

Market euphoria, Black Friday-Cyber Monday findings, what we're watching this week Read more →

MI2 Partners Thoughts From The Divide: Warm and Fuzzy

BY JON WEBB

Given that it’s Valentine’s Day, some of you may be feeling warm and fuzzy courtesy of a significant other. Of course, others might be married. But for those of you who are following the latest economic data, the warm fuzzy feeling may apply doubly. Consumer spending data could definitely give the impression all is right with the world if BofA’s Moynihan’s data applies across the board, “The bank’s retail customers are spending about 6% more money in the first 40 days of this year compared with the same period in 2024”. (Let’s go ahead and blame the weather/fires for the latest retail sales reading.) Read more →

Back to all posts →