Fed Update

Originally posted at The Backcourt Report Fed Cuts Rates 50 bps The FOMC voted unanimously to cut its overnight target range 50 basis points to 1.00% – 1.25% in an intra-meeting decision. This was an emergency policy action geared in reaction to the Coronavirus...

Credit: Priced to Perfection

Originally posted at The Backcourt Report… This is probably a little more granular (also my first post so please don’t judge too harshly) than past posts into the Backcourt Report, but I think it is important to use my background in fixed income trading/ credit...

Robbery in the Bond Market

Originally posted at TheBackcourtReport.com Venk Reddy has an article on Advisor Perspectives, Robbing 2020 to Pay 2019: A Reality Check for Fixed Income, and it needs to be read!  We’ve been screaming about the issues with bonds and the implications moving forward...