Commentary

The Demise of ESG—Real or Rumor?

Exploring sustainable investing complexities, this piece categorizes ESG into screening, integration, thematic investing, stewardship, and impact. Despite conflicting reports, ESG-labeled bond funds have thrived, reaching $900.5 billion in assets. Their premium indicates robust demand, countering decline narratives and underscoring continued vitality in fixed-income sustainable investing.

Commentary

Municipal Bonds, Powered by Tax-Exemption, Earn Renewed Appeal

Sam Weitzman of Western Asset Management highlights the overlooked potential of municipal bonds as a high-quality asset class. With fixed income yields reaching near-decade highs and higher tax rates impacting taxable fixed income investing, municipal bonds are offering above-average after-tax returns and downside protection, making them attractive for income seekers.

Commentary

Fixed Income Outlook Cautious Due to Lower-Than-Expected U.S. Growth

Ken Leech, Chief Investment Officer at Western Asset takes a dive into his outlook for various segments of the fixed income markets in the second half of 2021.

Commentary

Is Inflation Rising Persistently, or Is It a Short-Term Blip?

Mark Lindbloom of Western Asset dives into the rise we have seen in inflation, whether it’s expected to be a persistent challenge or short lived, as well as why our environment is increasing the importance of risk mitigation and active management in fixed income.

Commentary

Americans Getting Back to Work in July, Contrary to Popular Perceptions

Michael Bazdarich, Senior Economist at Western Asset, takes a deep dive into the July payroll jobs report and explains what the figures tell us about the future of our economy.

Commentary

Municipal Bonds Swinging Back Up, If Modestly

Rob Amodeo, Head of Municipals at Western Asset Management, digs into the state of the muni-bond market, his outlook moving forward and what investors have to look for to find winners in the sector.

Commentary

COVID-19 and ESG: Prepare for the New Normal

Bonnie Wongtrakool, Global Head of ESG Investments at Western Asset Management, digs into a post-COVID world when it comes to ESG investing and what factors investors should evaluate in companies moving forward so they’re better positioned to add value to their clients over future economic cycles.

Commentary

Central Bank Dovishness and Good Fundamentals Create Opportunity in Spread Sectors in 2020

Kenneth Leech, Chief Investment Officer at Western Asset Management, takes a deep dive into what he views as key market drivers throughout 2020 as well as his current view on various sectors within the bond markets.