Desperately Seeking Yield: April 24, 2024

The average 12-month trailing yield for the major asset classes has ticked up so far this year. The highest-yielding risk asset is the US junk bond ETF, which generated a 6.44% yield over the past year. Relative to Treasury yields, government bonds continue to offer higher payouts.

Will Commodities Continue To Outperform In 2024?

Most of the major asset classes are in the red so far this year. A widely followed marker in the commodities rally is this year’s rise in gold. The second-best performer in 2024 is the fast-deflating US stock market. James Picerno says commodities are the upside outlier by a wide margin.

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Fixed Income Investment Outlook Q2 2024: A Winding, Downward Path

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Fixed Income: No Time To Yield

Home Investing Strategy Fixed Income Analysis Fixed Income: No Time To Yield. Bond yields are higher today than they were 20 years ago. Investors are moving back into bonds in record numbers with 2023 global bond ETF inflows of $333 billion. Steve Laipply, Global co-head of iShares’ fixed income ETFs joins Oscar Pulido on The Bid.

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Commodities Continue To Lead Major Asset Classes In 2024

Commodities have overtaken US stocks as the top performer for global assets in 2024. A number of broad-brush commodity funds are rebounding in 2024 after a down year for the asset class in 2023. The rally for prices of raw materials continues to bubble after a rough 2023 in global markets.

VanEck Vectors International High Yield Bond ETF declares monthly distribution of $0.0965

Major Asset Classes: March 2024 Performance Review

The rally in global assets broadened in March, lifting nearly every slice of the major asset classes. Global real estate ex-US topped the long list of winners in March. The downside outlier: bonds in emerging markets. The Global Market Index extended its winning streak for a fifth straight month.

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Credit Maturity Wall: Not As Difficult A Climb As It May Seem

Most companies are in a good position to climb the debt maturity wall relatively unscathed. A record number of bonds issued during the pandemic at very low interest rates are set to mature over the next six years. A quarter of all U.S. High-yield debt will need to be refinanced at higher rates in the next three years.

Junk Bond Default Surge Continues In 2024

Corporate bond defaults were up massively in 2023, especially for high-risk junk debt. The trend is continuing this year at a pace not seen since the 2008 global financial crisis. Companies selling low-rated junk debt are being hit the worst. High-interest rates and high inflation make it hard for companies to make good on their obligations.

Commodities Overtake U.S. Stocks As Performance Leader In 2024

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Where The Looming Credit Maturity Wall And The Economy Collide

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Total Return Forecasts: Major Asset Classes - March 4, 2024

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