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The Flattening Yield Curve

The Flattening Yield Curve Markets are frequently said to face down a wall of worry. One of the more recent worries is an interesting study – that of the flattening, potentially inverting U.S. yield curve. Today’s curve threatens to play the villain, at least...

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Private Credit

Private Credit We use a graphic1 from the May 31, 2016 Wall Street Journal in some of our presentations to bring home the challenges of today’s low interest rate environment. The data is a few years old, but the conundrum still holds – matching the return that used to...

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