by DRL Group | Jul 1, 2025 | Chasing Yields
Since the start of the year, both large U.S. corporations and small businesses have faced a highly uncertain financial landscape. With rising interest rates, imposing tariffs, and a volatile political environment, the level of uncertainty is unprecedented. This...
by DRL Group | Jun 25, 2025 | Chasing Yields
The likelihood of a 5%-5.25% bond being called in the current and future rate environment largely depends on several factors, including interest rate trends and the issuer’s financial strategy. If interest rates are low or expected to decrease, issuers must...
by DRL Group | Jun 18, 2025 | Chasing Yields
A 5% yield on a 30-year municipal bond is an attractive buying-point for high-quality, tax-free investors. However, these levels are not always sustainable. Given the market volatility and expectations of future Federal Reserve rate reductions, it is difficult to...
by DRL Group | Jun 11, 2025 | Chasing Yields
According to Bloomberg, J.P. Morgan Chase raised its forecast for 2025 municipal bond issuance from $490 billion to $560 billion. (1) Of the amount forecasted, $510 billion is expected to be tax-exempt, up from $450 billion. This amount is 30% higher than the average...
by DRL Group | Jun 4, 2025 | Chasing Yields
The May ADP Employment Report, released today, brought unexpected news-the private sector added only 37,000 jobs, a stark contrast to the anticipated 110,000. These ADP numbers, which reflect the monthly changes in private business hiring, mark the lowest point since...
by DRL Group | May 29, 2025 | Chasing Yields
The US Dollar, a symbol of strength and security, is not just a currency but a global’ shelter in the storm.’ It is the most widely traded and converted currency in the foreign exchange market and is held by almost every central bank in the world,...