DoubleLine Research Compares Microsoft Debt vs. U.S. Treasuries

BY PR Newswire | TREASURY | 02/13/25 01:00 PM EST

TAMPA, Fla., Feb. 13, 2025 /PRNewswire/ -- In a new research paper, DoubleLine Capital investment-grade bond Portfolio Manager Mariya Entina, CFA?, CPA, compares the creditworthiness and outlook for bonds issued by Microsoft Corp. to those of the U.S. government.

DoubleLine Logo (PRNewsfoto/DoubleLine)

After an assessment of the two issuers in terms of cash flow, debt burden, interest coverage, yield to maturity, credit ratings and other factors, Ms. Entina finds "it might well be time to give high-grade corporate issuers, a second look."

The research paper, "Would You Rather Lend to the U.S. Government or Microsoft?," can be reached here: https://doubleline.com/wp-content/uploads/DoubleLine_Would-You-Rather-Lend-to-Microsoft-or-US-Govt_Feb-2025.pdf

Ms. Entina is a Portfolio Manager on DoubleLine's Global Developed Credit team, focusing on investment grade corporate bonds. She is a contributing member of the Fixed Income Asset Allocation Committee and a corporate sector specialist on DoubleLine's Responsible Investment team, overseeing and monitoring the Responsible Investment integration for the Global Developed Credit team.

About DoubleLine

DoubleLine Capital LP is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (813) 791-7333 or by email at info@doubleline.com. Media can reach DoubleLine by email at media@doubleline.com.

DoubleLine? is a registered trademark of DoubleLine Capital LP.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/doubleline-research-compares-microsoft-debt-vs-us-treasuries-302376277.html

SOURCE DoubleLine

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article