June Fixed Income Market Insights
From resilient credit spreads to evolving Fed policy, fixed income markets continue to adapt to a changing macro backdrop. Douglas Gimple shares his perspective on inflation, consumer health and the opportunities emerging across residential mortgages and securitized credit. (23 min video)
ABS—Asset-Backed Securities. CMBS—Commercial Mortgage-Baked Securities. RMBS—Residential Mortgage-Baked Securities.
See www.diamond-hill.com/disclosures
for index definitions, data sources and other definitions.
Investment Grade is a Bond Quality Rating of AAA, AA, A or BBB.
High Yield securities are below investment grade and involve greater risk of default.
Yield to worst is the lowest potential yield an investor may receive on a bond without the issuer defaulting.
Duration measures a bond’s sensitivity to changes in interest rates.
Clarification: Refinance timing varies by loan program and investor guidelines. Many Ginnie Mae–backed government loans generally require at least 210 days and six monthly payments before refinance eligibility. Additional program, lender, and borrower requirements may apply.[
The views expressed are those of the speakers as of June 2026 and are subject to change. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal.