The Hunt For Alpha In Fixed Income

The Hunt For Alpha In Fixed Income by Pat Reilly - FactSet

Low rates and the search for yield are an old story, but today that story has a new twist.

The past several months have seen an increasing level of divergence in the global marketplace. We’ve seen incredible levels of volatility in equity markets, beginning signs of lift off in the US (or at least nudges away from a zero interest rate policy), negative rates have become the tool du jour in the Eurozone and Japan (out to nearly the 10-year and 15-year points on their respective curves), nonexistent liquidity in most fixed income markets (except those being used in central bank quantitative easing  schema), and wild currency swings...