Sustainability is driving innovation in investment-grade credit. This is particularly visible in the euro-denominated market, although we expect that the Biden administration will encourage a sustainability focus in the USD market going forward. When talking about sustainability in the bond market, this means more than just green bonds. In fact, the green, sustainable, and social (GSS) bond market has grown exponentially and has diversified into many different sectors and types of bond structures. Over the past three years, the total notional value of the ICE BofA Green Bond Index increased by almost fourfold.

The recent sanctions imposed by the Biden administration represent a significant escalation in pressure on the Russian government in the wake of a variety of actions that President Biden and his advisors felt had not been fully addressed. This includes the Solar Winds hack, election interference, and the poisoning of dissidents on foreign soil, among others. My read on the sanctions are as follows:

Every Friday, Brian Jacobsen provides perspective on key events and topics of the current week and his thoughts about what the week ahead may hold. Here’s his report for the week of April 10–16, 2021.

Every Friday, Brian Jacobsen provides perspective on key events and topics of the current week and his thoughts about what the week ahead may hold. Here’s his report for the week of April 3–9, 2021.

Every Friday, Brian Jacobsen provides perspective on key events and topics of the current week and his thoughts about what the week ahead may hold. Here’s his report for the week of March 27–April 2, 2021. Plus: Since we started a new quarter today, there’s a quick recap of the big stories from the first quarter of 2021.

Every Friday, Brian Jacobsen provides perspective on key events and topics of the current week and his thoughts about what the week ahead may hold. Here’s his report for the week of March 20–26, 2021.

Every Friday, Brian Jacobsen provides perspective on key events and topics of the current week and his thoughts about what the week ahead may hold. Here’s his report for the week of March 13–19, 2021.

Every Friday, Brian Jacobsen provides perspective on key events and topics of the current week and his thoughts about what the week ahead may hold. Here’s his report for the week of March 6–12, 2021.

Every Friday, Brian Jacobsen provides perspective on key events and topics of the current week and his thoughts about what the week ahead may hold. Here’s his report for the week of February 27–March 5, 2021.