Performance Snapshot: Sector Summary: US Treasuries: Treasury prices increased in September (yields fell), providing a buffer as equity markets stumbled. The Federal Reserve Open Market Committee met in September and kept its policy rate unchanged, indicating zero interest rate policy…
Performance Snapshot: Sector Summary: US Treasuries: Treasuries declined in August, the first down month since April. Treasury yields rose across the curve as economic data started showing signs of improvement. This in turn led to concerns about future inflation (a…
Performance Snapshot: Sector Summary: US Treasuries: Treasuries continued their year-to-date rally, generating positive performance in July. Treasury prices gained across the curve and reached fresh-all time low yields in various maturities. Slumping growth and muted inflation expectations perpetuated a decline…
Performance Snapshot: Sector Summary: US Treasuries: Treasuries provided ballast when equities were on unequal footing throughout early June, before the S&P 500 eventually finished in positive territory. Treasuries ended the first half of 2020 with a virtually flat month, but…
Performance Snapshot: Sector Summary: US Treasuries: Financial markets continued their spectacular recoveries in May, with the S&P rising almost 5%. This risk-on sentiment grew despite soft economic growth data. Treasury yields barely budged, with new lows reached on shorter maturities.…
Performance Snapshot: TickerSectorApr 2020YTD 2020IEFUS TREASURIES0.28%10.80%AGGBARCLAYS AGG1.72%4.87%LQDCORPORATES4.85%1.73%MUBMUNICIPALS-1.38%-1.78%HYGHIGH YIELD4.88%-7.29% Sector Summary: US Treasuries: After a disastrous March, financial markets recovered on the heels of record government stimulus – there has been a record amount of Treasury issuance to cover the costs…
Performance Snapshot: TICKERSECTORMar-20YTD 2020IEFTREASURIES3.72%10.50%AGGBARCLAYS AGG-0.53%3.10%MUBMUNICIPALS-2.98%-0.41%LQDCORPORATES-6.31%-2.97%HYGHIGH YIELD-10.03%-11.60% Sector Summary: US Treasuries: Financial markets were upended in March, as a global pandemic was declared and the public health situation reached its highest level of uncertainty yet. Entire nations were shut down to…
Much of the recent attention on financial markets has focused on the equity market volatility. Not to be outdone, the normally stable and lethargic municipal bond market experienced a historical spell of volatility over the last couple weeks as well.…
Performance Snapshot: TICKER SECTOR Feb-20 YTD 2020 IEF TREASURIES 2.96% 6.53% AGG BARCLAYS AGG 1.59% 3.65% LQD CORPORATES 1.09% 3.56% MUB MUNICIPALS 0.97% 2.65% HYG HIGH YIELD -1.29% -1.75% Sector Summary: US Treasuries: The uncertain effects of spreading Coronavirus permeated…
Performance Snapshot: TICKER SECTOR Jan-20 IEF TREASURIES 3.47% LQD CORPORATES 2.45% AGG BARCLAYS AGG 2.03% MUB MUNICIPALS 1.66% HYG HIGH YIELD -0.47% Sector Summary: US Treasuries: Treasury bonds kicked off 2020 with a strong rally in prices as global uncertainty…