Where There’s A Will, There’s A Way The reverberating effects of COVID-19 caused the S&P 500 to fall 34% in just over a month – the fastest bear market in history. Since March 23rd, despite a historically large decline in economic growth, the S&P 500 has surged more than 35% and credit spreads have tightened…. Read more »
The Macro View
Posts Tagged: Federal Reserve
MacroView’s October 2018 Bond Market Summary
US Treasuries – Treasury yields rose across the curve in October, continuing their rise to the highest level year to date. There was, however, a slight interruption in the middle of the month to this upward trend as volatility proved that Treasuries are still the beneficiary of a flight to quality during equity market stress…. Read more »
Flattening Yield Curve – A Sign of Things to Come?
Lately, the topic at the forefront of headlines and discussions in the investment industry is the flattening US treasury yield curve. This phenomenon occurred as short-term interest rates, largely influenced by the Federal Reserve’s monetary policy tightening, have risen significantly. On the flipside, long-term interest rates, which are largely influenced by growth and inflation… Read more »
Exactly Which Interest Rates Are Rising?
By now, we are sure you have heard someone in the financial industry declare that, “interest rates are rising.” We believe the proper response to that statement should be: What interest rates are rising? In the fixed income world, the two most common reference points for interest rates are (1) the federal funds rate, and… Read more »