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State Street, Voya Seek Shelter From Default Risk

dailynewsnblog
Business & Economy
March 21, 2026
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There are risks to the trade of favoring mortgage bonds and other securitized debt over corporate debt. The moment the war in Iran ends, or the Trump administration pulls back from the conflict, high-grade credit spreads could snap back quickly, narrowing 0.2 percentage point, said Tony Trzcinka, portfolio manager at Impax Asset Management.

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dailynewsnblog

dailynewsnblog
Business & Economy
March 21, 2026
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Shockwave of War Is Rippling Through the Global Economy

“Front of mind is the impact of the war on inflation,” Chris Williamson, chief business economist at S&P Global Market Intelligence, which compiles the indexes, said in a report. “Central…

dailynewsnblog
Business & Economy
March 21, 2026
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US Touts Progress in Iran as Trump Floats ‘Winding Down’

Source: US Navy (Bloomberg) — The US military said it has been able to degrade Iran’s ability to target ships moving through the Strait of Hormuz as President Donald Trump…