Disaggregating the Aggregate Bond Index
The importance of the Barclays U.S. Aggregate Bond Index in the investment world might outweigh the attractiveness of its risk and reward profile.
Tag: Putnam Diversified Income Trust
Viewing securitized debt as an alternative
Putnam’s fixed-income research finds opportunities in several sectors of the securitized market offer the potential for low correlations with other areas of the bond market.
Market outlook remains positive
Despite the end of QE3 and other sources of risk, Putnam’s market outlook sees attractive potential in stocks and in our diverse fixed-income strategies.
Is the Fed fighting the last war?
In recent posts, we have approached the problem of the outlook for interest rates by outlining the questions that surround the potential growth rate of the U.S. economy. It is established that this rate is heavily influenced by conditions in the labor market. New workers are joining the labor force at a slower pace than
Europe’s debt crisis — gauging the risks
While the European Central Bank has made progress, we believe, on managing near-term liquidity risk, long-term structural issues remain.
Fixed-income markets returning to normal
The level of market distress surrounding global macro risks has declined in the latter half of 2012, helping sentiment and trading conditions in fixed-income markets return to more normal levels similar to those seen before the 2008 financial crisis.
Markets put macro risks in perspective
Since the 2008 market dislocation, fixed-income investors have been prone to anticipate another major macroeconomic crisis, but there are signs developing that macro risks may be easing and more normal market conditions are taking root.
Bond market volatility drove tactical moves
Market volatility and other factors influenced positioning of Putnam Diversified Income Trust.