2025 Credit Outlook: On Firm Ground, Despite Shifting Political Sands

Published on January 18, 2025

New policies could disrupt markets, but high starting yields and strong demand for income should provide ballast.

Continue reading on website
Other news

Surging Long-Term Rates Stoke GOP Tensions on Paying for Tax Cut

January 18, 2025
Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.

The Fed’s Stress Tests Are Facing a Stress Test

January 18, 2025
The Federal Reserve faces a reckoning: Sometime soon, it’ll probably have to subject its stress tests to public scrutiny, highlighting serious flaws in what has become its primary tool for ensuring the resilience of the banking system.