Penn Mutual Asset Management is committed to serving the institutional marketplace by offering fixed income investment solutions and client-focused services ...

Penn Mutual Asset Management is committed to serving the institutional marketplace by offering fixed income investment solutions and client-focused services ...

Penn Mutual Asset Management is committed to serving the institutional marketplace by offering fixed income investment solutions and client-focused services ...

Penn Mutual Asset Management is committed to serving the institutional marketplace by offering fixed income investment solutions and client-focused services ...

This blog post is for informational use only. The views expressed are those of the author(s), and do not necessarily reflect the views of Penn Mutual Asset Management. This material is not intended to ...

The artificial intelligence (AI) buildout has triggered a massive wave of corporate bond issuance and other debt financing. Since 2024, more than $450 billion in AI-linked debt has been financed ...

Equity implied volatility has diverged sharply from realized volatility in early 2026. The S&P 500 Index’s 30-day implied volatility has climbed above 23%, nearly double the level observed at the ...

At the start of the year, markets were pricing in multiple 25-basis-point interest rate cuts from the Federal Reserve (Fed). Core personal consumption expenditures (PCE)—the Fed’s preferred measure of ...

Private credit has become a hot topic of conversation over the past several months. More specifically, business development companies (BDCs) are a consistent subject of headlines and market commentary ...

Credit markets continue to show notable bifurcation across the quality spectrum, with widening concentrated at the high end of investment-grade (IG) and the lowest tier of high yield (HY), while the ...

This blog post is for informational use only. The views expressed are those of the author(s), and do not necessarily reflect the views of Penn Mutual Asset Management. This material is not intended to ...

The S&P 500 Index has experienced a notable sector rotation this year, marking a clear reversal from the dominant trends of 2023 through 2025. Over the prior three years, leadership was concentrated ...