Oct 1, 2018 | Market Commentary
Over the quarter, the yield curve bear flattened as frontend yields rose 25-30 basis points while longer maturities rose 20-25 basis points. Investment grade spreads tightened offsetting much of the widening experienced in the first half of the year.
Monetary Mayhem and Geopolitics
Jul 1, 2018 | Market Commentary
The European Central Bank (ECB) presented a fairly dovish outlook while the Federal Reserve (Fed) increased rates by 25 bps in June and signaled two more hikes this year.
Trade Talk Tantrum
Apr 1, 2018 | Market Commentary
Economic activity lost some momentum from the fourth quarter, but remained healthy.
Off and Running
Jan 1, 2018 | Market Commentary
Further, Fed officials are forecasting three hikes in 2018 matching the 2017 pace.
Conventional Policy for Unconventional Times
Oct 1, 2017 | Market Commentary
However, Fed officials opined that lower inflation was transitory and did not warrant deviations from policy forecasts jolting market expectations.
Prime Time
Oct 1, 2016 | Market Commentary
Investment grade credit traded in a fairly narrow band finishing the quarter almost unchanged.