Featured Insights


Chart of the Week

EM STOCKS: ROOM TO MOVE

Source: Bloomberg, 9/30/17. Past performance is no guarantee of future results. Indexes are unmanaged, and not available for direct investment. Index returns do not include fees or sales charges. This information is provided for illustrative purposes only and does not reflect the performance of an actual investment. 

EM Stocks: Room to Move

Chart of the Week

Market Snapshot

U.S. growth: Mixed signals

The Fed looked toward a December hike as a more varied picture emerged; Catalonia chose to pause; China prepared for its 5-year People's Congress


Featured Insights

Market Outlook
Sep 26
Market Outlook

Looking beyond the obvious

Finding Value in Bonds Now

September 26, 2017

Current yields and spreads are creating the perception that fixed income isn’t offering much value, but Western Asset Deputy CIO Michael Buchanan does see pockets of opportunity in several segments of the market.

Investment Insights
Sep 11
Investment Insights

Municipal Market Update: September

September 11, 2017

Western Asset examines recent trends in the muni bond market and provides its outlook about conditions ahead.

Market Outlook
Aug 31
Market Outlook

Emerging Markets Insights

China: What to Expect in the Next Six Months

August 31, 2017

In light of concerns over China’s rising leverage, yuan stability, capital outflows and risks to emerging economies, Western Asset’s Portfolio Manager and Head of Investment Management, Asia (ex-Japan) Desmond Soon shares what we can expect from China’s financial markets in the next six months. He goes into detail about why we think a debt crisis in China is not likely, the safeguards in place to help ensure financial stability and the steps China is taking to encourage more foreign investments to conclude that China’s fixed-income market continues to be an attractive option for global bond investors. READ MORE.

Market Outlook
Aug 25
Market Outlook

The big picture in bonds:

Market and Strategy Update

August 25, 2017

The US and global economies are healing against a muted inflation backdrop that is unlikely to change anytime soon. In this environment, spread products should still continue to outperform government bonds.

Investment Insights
Aug 15
Investment Insights

Managed Munis: The Value of Choice

August 15, 2017

Active management is critical for municipal bond investors today.

Market Outlook
Aug 08
Market Outlook

Policy Matters

Four Lessons from the Taper Tantrum

August 08, 2017

The lessons from the 2013 taper tantrum are relevant for bond investors today, but as circumstances are different we do not expect a similar outcome.

Market Outlook
Jul 26
Market Outlook

Steady growth and moderate inflation:

Market and Strategy Update

July 26, 2017

Western Asset CIO Ken Leech explains why growth and inflation expectations have proven more optimistic than fundamentals could support. His base case continues to be slow but steady US growth and moderate inflation -- and that spread sectors will continue to be an attractive opportunity for fixed income investors in this environment.

Market Outlook
Jul 14
Market Outlook

Western Asset Global Outlook

Could the Fed be more cautious about future hikes?

July 14, 2017

The current steady but unspectacular global growth backdrop has not materially changed. We remain optimistic that global growth of around 3% is sustainable while recognizing that high debt loads and other headwinds, including low productivity and...

Investment Insights
Apr 19
Investment Insights

French election update:

A four-horse race

April 19, 2017

Some worry about a political tsunami. But so far, it looks like a four-way tie. The least likely outcome, a Le Pen / Mélenchon run-off, could trigger significant market volatility, providing attractive opportunities for astute investors.

Investment Insights
Mar 10
Investment Insights

Elections 2017

Europe decides

March 10, 2017

After the political tsunamis of 2016 —with the unexpected decisions by the British to leave the EU, and the Americans to elect Donald Trump president— the political nexus in 2017 shifted to the Eurozone. After the Dutch vote, it's not the turn of France and, later this year, Germany —both vulnerable to the rising populist tide.

Market Outlook
Mar 02
Market Outlook

Ken Leech Quarterly Letter

Does the economic outlook call for more optimism?

March 02, 2017

CIO Ken Leech discusses how Western Asset's outlook and positioning for slow and sustainable growth has paid off, even as the economic recovery experienced some pitfalls. A key has been the Firm's multiple diversified approach, which has worked to provide a cushion for volatility when growth has disappointed. Given the outlook going forward, he sees a continuing need for this flexibility.

Investment Insights
Feb 14
Investment Insights

Municipal bonds:

Financing America’s Infrastructure

February 14, 2017

Municipal bonds are a tried and true way to finance the much needed infrastructure projects that will raise the quality of life for so many Americans.

17/20
Top

All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s webpage for specific details regarding investment objective, risks associated with hedge funds, alternative investments and other risks, performance and other important information. Review this information carefully before you make any investment decision.