Markets began the day sluggishly as significant bank earnings were released, with investors closely monitoring upcoming reports from other institutions in the following days. Andrzej Skiba, Head of U.S. Fixed Income at RBC GAM, joined Yahoo Finance Live hosts Jared Blikre and Josh Lipton to explore the current landscape for investors, particularly those focused on fixed income.
Skiba remarked that the financial sector appears more appealing than it has in quite some time, highlighting that “we are looking at a spread differential, a yield differential close to historic wides.” He noted that when comparing financial firms to non-financial ones, he hasn’t observed such favorable pricing since 2023. Skiba anticipates that many fixed-income investors will be looking for supply increases, as this could present a chance for them to enhance their investments in this area of the fixed-income market.
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