“There is some value to be had for those who are willing to ride out the choppy waters of the next few months before the inflation picture starts to cool…
“We have been telling investors that 5% yield to worst for high yield was the level we thought was much more attractive,” Winifred Cisar, global head of credit strategy at Creditsights Inc.,…
For the stronger entities, the risks may be further out. Governments will likely maintain support this year, as their own fiscal challenges make them more reliant on LGFVs for infrastructure…
Both Goldman and CreditSights consider Indian companies attractive. The U.S. bank recommends high-yield renewables, while the latter considers financial firms to be best shielded from the troubles in the world’s second-largest economy….
“Municipal credit enters the year on a strong footing, largely due to assistance of the federal government during the pandemic,” wrote Patrick Luby and John Ceffalio, municipal analysts at CreditSights, in…
With interest-rate hikes looming in developed markets, it’s no surprise Enel is seizing on relatively low borrowing costs, Andrew Moulder, a senior analyst at CreditSights Inc, wrote in a note…
“Firms that may be up next in the rising-star category should see spreads tighten as investors anticipate more upgrades,” said Cisar, the firm’s global head of strategy. If the wave…
Junk-rated companies should benefit, too. Dell Technologies Inc. has already been lifted to investment-grade status from junk. Netflix and Kraft may also get there, according to Bloomberg Intelligence. Winnie Cisar…
“Potholes aren’t waiting for the end of the pandemic,” said Pat Luby, senior municipal strategist at CreditSights. “Road repairs, airport expansions — they continue to need to be done, and deferring…
Connecticut’s general obligation bonds are poised to outperform the broader municipal-debt market as surging tax revenue allows the state to chip away at its $41 billion public pension debt, CreditSights…