Aggressive interest rate hikes led to unprecedented losses in the bond market. Amidst continued aggressive monetary tightening by the Federal Reserve, the U.S. bondmarket notched its worst year on record […]
Credit Markets: The Bond Bear Market Continues
After years of being underweight to bonds, we now see attractive yields that could become tailwinds for client portfolios. What was already one of the worst year-to-date performances in bond […]
Credit Markets: A Historically Bad Year So Far
During the first half of 2022, U.S. Bonds performed worse than any full year since 1842. According to a May 6, 2022 article* in The Wall Street Journal, the performance […]
Credit Markets: Strong Economic Growth and Inflation Ahead
Bond yields rose dramatically in the first quarter as investors began pricing in the likelihood of the strongest economic growth in the U.S. and globally in decades and corresponding inflation […]
Credit Markets: A Year to Remember?
As much as most would like to forget about 2020, it was a year to remember for the fixed income markets. From the historically aggressive monetary policy of the Federal […]
The Good and The Bad of Rising Interest Rates
Since bottoming at a close of 0.54% on March 9, 2020, the 10-year US Treasury yield has slowly and quietly risen nearly 70% to 0.89% as of this writing. With […]