Posts By: Paul D. Scanlon

Posted by Paul D. Scanlon, CFA, Co-Head of Fixed Income, March 26, 2012

Business caution may be positive for high yield

Amid a moderate economic recovery, cautious spending by corporations may make high-yield securities more attractive as investments.

Posted by Paul D. Scanlon, CFA, Co-Head of Fixed Income, February 13, 2012

Spreads on high-yield bonds widened to attractive levels even as the expected corporate default rate has remained subdued.

Posted by Paul D. Scanlon, CFA, Co-Head of Fixed Income, December 1, 2011

We believe the sell-off in high-yield bonds actually represents an investment opportunity. Continue reading »

A deeper dive

Capital Markets Outlook (PDF)
2Q 2012 Investors breathe sigh of relief as fundamentals lift markets.

Fixed Income Outlook (PDF)
Despite investor uncertainty, Putnam sees income opportunities in 2012.

Evolving municipal bond market makes compelling case for active management (PDF)
In an environment of low defaults, wide spreads, and compelling muni/Treasury ratios, muni bonds offer attractive investment opportunities to active investors.

Innovation and change in global energy markets (PDF)
What is the state of global energy markets today? Putnam managers offer their perspective.
About the authors

Putnam’s veteran team of portfolio managers and analysts has invested over multiple economic cycles and in markets worldwide. They bring a global perspective and a wealth of expertise to the insights they offer on today’s market trends.