Franklin Intermediate Investment Grade Credit SMA Q1 2026 Commentary
Franklin Templeton·2026-06-23·via All Articles on Seeking Alpha
Summary
From late-February, the war in the Middle East dominated much of the news flow and financial market sentiment.
Security selection in BBB and BBB+ rated bonds, as well as selection in the consumer cyclical sector.
Yield curve positioning. Lack of exposure to supranational bonds.
Andrei Askirka/iStock via Getty Images
Key Takeaways
Markets: From late-February, the war in the Middle East dominated much of the news flow and financial market sentiment. The reaction in markets has evolved, initially seeing a traditional risk-off move in both the US
