January 15, 2023 |
Credit Markets: 2022 Marks Worst Year for Bonds in History
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 […]
October 23, 2022 |
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 […]
July 17, 2022 |
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 […]
April 17, 2022 |
Credit Markets: Is A Recession Coming?
The first quarter of 2022 was one of the worst on record for the bond market. Bond markets came under intense pressure during the first quarter, with all issues posting […]
January 16, 2022 |
Credit Markets: Slower Growth Ahead?
The average U.S. bond had a negative total return in 2021 for the first time since 2013. The fourth quarter was another volatile one for interest rates as credit markets […]
October 12, 2021 |
Credit Markets: An Interest Rate Tug-of-War
It was a volatile third quarter for credit markets. Interest rates continued to experience significant volatility in the third quarter with the benchmark 10-year U.S. Treasury bond beginning the quarter […]
July 19, 2021 |
Credit Markets: Transitory or Non-Transitory Inflation?
Bond investors are not too concerned about a persistent increase in inflation. Much ink has been spilled over the past quarter on inflation, which has clearly made a resurgence as […]
April 14, 2021 |
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 […]
January 15, 2021 |
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 […]
October 16, 2020 |
Credit Markets: A New Policy Paradigm
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 […]