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The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to revision over time.
Historical analysis does not guarantee future results.
Through December 31, 2023
Source: Broadridge, US Federal Reserve and AllianceBernstein (AB)
Historical analysis does not guarantee future results.
Average is based on the following dates of first Fed rate cuts: September 20, 1984; June 7, 1989; July 6, 1995; January 3, 2001; September 18, 2007; and August 1, 2019.
As of December 31, 2023
Source: Bloomberg, US Federal Reserve and AB
Historical analysis does not guarantee future results.
Through December 31, 2023
Source: Bloomberg
Current analysis and forecasts do not guarantee future results.
As of December 31, 2023
Source: Bloomberg
For illustrative purposes only. Current analysis does not guarantee future results.
Simplified analysis assumes current starting yields and durations of indices shown and parallel shifts along the US Treasury yield curve. Indices: Bloomberg US Treasury Bellwethers: 10-Year; Bloomberg US Aggregate Bond Index; Bloomberg US Corporate Investment Grade Index; Bloomberg US Corporate High Yield Index; and Bloomberg US Aggregate Securitized—MBS
As of December 31, 2023
Source: Bloomberg, J.P. Morgan, US Federal Reserve Board and AB
The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to revision over time.
Monika Carlson is a Managing Director, Senior Investment Strategist, and Head of the Income and Systematic platforms for the Fixed Income Business Development team. She is responsible for leading a team of investment strategists and product managers and for driving growth efforts on AB’s fixed-income platform. Additionally, as part of her client-facing role, Carlson represents AB’s market views and portfolio strategies to clients, prospects and consultants globally. She has held several roles at AB, including as the head of the Global Offshore Retail Platform in Product Management. Prior to joining AB in 2007, Carlson worked at Neuberger Berman. She holds a BBA in finance from Baruch College at the City University of New York and is a CFA charterholder. Location: New York
The evolving high-yield markets make the case for a global, multi-sector approach to generating income.
Gershon Distenfeld, Fahd Malik, Monika Carlson | 03 February 2025Investors may find better opportunities when they apply a wider lens.
Monika Carlson, Fahd Malik | 17 January 2025New policies could disrupt markets, but high starting yields and strong demand for income should provide ballast.
Tiffanie Wong, Will Smith, Robert Hopper | 15 January 2025This information is for exclusive use of the wholesale person to whom it is provided and is not to be relied upon by any other person. It is not intended for retail or public use and may not be further distributed without prior written consent of ABAL.
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