The investment and economic landscapes have undergone a dramatic reshaping in the wake of the COVID-19 pandemic and subsequent severe market volatility. While the net effect has been damaging, it’s provided investors with ample opportunity to re-explore the diversification of their portfolios. As investors, we are constantly taught the importance of diversification in an… Read more »
The Macro View
Posts Categorized: Fixed Income
Fixed Income Market Summary November 2019
Performance Snapshot: TICKER SECTOR Nov-19 YTD 2019 LQD CORPORATES 0.47% 16.75% HYG HIGH YIELD 0.57% 11.95% IEF TREASURIES -0.69% 9.04% AGG BARCLAYS AGG -0.03% 8.51% MUB MUNICIPALS 0.06% 6.77% Sector Summary: US Treasuries: Throughout most of November, investors embraced the risk-on environment created in part by positive headlines regarding trade negotiations. US Treasury… Read more »
Fixed Income Market Summary October 2019
Performance Snapshot: While equities have been strong through October, so too have bonds. In fact, all domestic, investment-grade, fixed income sectors have outperformed the S&P 500 since 10/1/2018. Sector Summary: US Treasuries: While US stocks extended their rebound and reached new all-time highs in October, Treasuries continued their strong 2019 and generated positive returns during… Read more »
Adding Value With Active Bond Management
Active bond management does not mean “day-trading.” Nor does it mean buying and holding to maturity. Active bond management means being constantly apprised of where the markets are and seeking to take advantage of opportunities to add value. It is vigilance. We seek to add value in both the purchase and the sale of… Read more »
Fixed Income Market Summary August 2019
Performance Snapshot: While equities have been strong through August, so too have bonds. In fact, all domestic fixed income sectors have outperformed the S&P 500 since 10/1/2018. Sector Summary: US Treasuries: Mounting equity market volatility in August directed investors to the safety of Treasuries, with prices increasing and yields declining across… Read more »