The Federal Reserve announced a significant change in policy during the quarter. The biggest news during the third quarter for credit markets came in late August with Fed Chairman Jerome […]

For the first time in history, the Fed is buying corporate bonds. Credit markets participated in the overall market recovery in the second quarter, thanks in large part to the […]

During the worst first quarter in 124 years for equities, credit markets were not immune to the unprecedented volatility in capital markets due to the coronavirus outbreak. With a yield […]

In 2019, credit markets exhibited a high level of volatility due to a number of factors. Overall, our fixed income benchmark, the Barclays Aggregate Intermediate-Term Index, provided a total return […]

The third quarter was another volatile one for credit markets, with yields across the maturity spectrum falling as markets continue to price in a slowing economic environment. On the short […]

Click here to download a PRINT VERSION of this article. At the end of March, the benchmark ten-year U.S. Treasury was yielding 2.41%. The second quarter saw yields on the […]

Click here to download a PRINT VERSION of this article. After a volatile end to 2018, interest rates continued their move lower in the first quarter driven by a dramatic […]

Bond markets in the fourth quarter experienced a significant amount of volatility as investors attempted to gauge the extent of further Federal Reserve tightening and the likelihood of an economic […]

To download a printable version of this article: 201810 OPCM – Credit Markets, Another Rate Hike The third quarter saw yet another interest rate hike by the Federal Reserve. On […]

The Federal Reserve raised interest rates again in June, marking the seventh rate hike since the Fed began its tightening campaign in late 2015. The Federal Funds rate now stands […]