Baird Fixed Income Capital Markets

Join us in welcoming Rob Ketner to Baird! Read more here: https://bit.ly/3JJeO5B #WeAreBaird

Baird's Fixed Income Portfolio Strategy & Analytics Manager, Kirill A Krylov, PhD, CFA, welcomes back Baird MBS strategist, Steven Scheerer, CFA, FRM, to review August fixed income index performance, where MBS posted their best excess return of the year, far outpacing corporates on the strength of a 30-year sector rebound. They dissect bank call report data showing notable shifts in MBS product mix and examine CMO issuance trends, with Ginnie deals running at record pace and floaters maintaining dominance. The episode closes with a technical dive into convexity layering, highlighting how Low Loan Balance, Mission, and Quicken features interact to reshape prepay profiles. Click here to listen and subscribe: https://bit.ly/3VsZ3Ct #WeAreBaird

🎉Celebrating Work Anniversaries!🎉Join us in congratulating these incredible team members on their milestones: • Ken Fenson - 25 Years • Tim Coyne - 10 Years • Katie Morrow - 10 Years Thank you for your dedication, impact, and commitment to excellence! 💼🙌 #WeAreBaird #WorkAnniversary #TeamMilestones #ThankYou #EmployeeAppreciation

The Bond Buyer recently covered news of Baird Public Finance Group's newest hire, Tim Kelly. Brian Brewer, Director of Baird Public Finance, underscores the expansion capabilities in the higher education and non-profit sectors following Kelly's joining, in addition to deepening the platform's expertise with his 25 years of industry experience. Read more here: https://bit.ly/3Vs1llb #WeAreBaird

Baird is a leading underwriter for K-12 public education financings, ranking No. 2 nationally by number of issues in 2024. With a focus on long-term partnerships rather than short-term fixes, Baird has the resources and expertise to address the financing needs of school districts large and small; https://bit.ly/3TYOJmq #WeAreBaird #K12Education

Baird is a proud sponsor of The Academy Charter School's Annual International Golf Tournament in East Meadow, NY. Proceeds from the event will go towards scholarships, educational resources and athletic equipment. Baird's National Charter School Facilities Financing Group is committed supporting the continued growth and development of charter schools throughout the country. Learn more about our capabilities here: https://bit.ly/47nDKpA #WeAreBaird

Baird served as senior managing underwriter to Red Oak ISD on its $171,060,000 School Building Bonds, Series 2025. Learn more about how Baird assisted the District: https://bit.ly/4mZ7H7F #WeAreBaird

Join us in welcoming Jennifer Engel, CPA to Baird! Read more here: https://bit.ly/45MHD8G #WeAreBaird

Baird's Fixed Income Portfolio Strategy & Analytics Manager, Kirill A Krylov, PhD, CFA, discusses reviews last week's MBS market dynamics and a few post Jackson Hole macro thoughts. Turning to housing, he explores the narrowing cost gap between new and existing homes, the evolving role of LLPA waivers in Mission loans, and how these waivers provide call protection for MBS investors. Finally, he discusses Baird's “4+1” MBS strategy tailored for depositories, highlighting 15yr MBS, Seasoned 30yr Collateral, CMOs, and select niche sectors. Click here to listen and subscribe: https://bit.ly/4mYjtim #WeAreBaird

Baird's Texas ISD Public Finance team is proud to support school districts across the state, recently partnering on several bond financings. Learn more about how we support Texas schools: https://bit.ly/3yQi9un #WeAreBaird