Bond Market Update: Spotlight on Central Banks
Download the 4.1.24 Dynamic Bond Market Update for advisors’ use with clients By Bill Smith, Fixed Income Trader and Portfolio Manager While changes in monetary policy are always good for a headline, March has been particularly notable for central banks across the globe. The Bank of Japan raised rates for the first time since 2007. […]
Bond Market Update: Spotlight On Central Banks
By Bill Smith, Fixed Income Trader and Portfolio Manager While changes in monetary policy are always good for a headline, March has been particularly notable for central banks across the globe. The Bank of Japan raised rates for the first time since 2007. The Swiss National Bank surprised markets with a 25-basis-point cut. Even the […]
Bond Market Update: Rate Expectations and CPI Surprise – Not a Novel by Charles Dickens
First Cut Remains Elusive Although rate cuts are still widely anticipated this year, recent data has pushed the expected start date further into 2024. The likelihood of a cut at the next Federal Open Market Committee (FOMC) meeting appears low, following comments from Federal Reserve Chair Jerome Powell that he doesn’t “think it’s likely that […]
Bond Market Update: December Brings Good Tidings for Bond Investors
Download the 12.20.23 Dynamic Bond Market Update for advisors’ use with clients Strong Year-End for Bonds Yields continued to decline this month, gifting bond investors one of the strongest year-end rallies since the early 1980s. While most major fixed income indices are positive on the year, high yield and investment grade corporate returns have […]
Bond Market Update: Now’s the Time to Consider Fixed Income
Yields Retreat but Remain Attractive Fixed income volatility continued into November, driven by expectations that this tightening cycle may finally be coming to an end. Since our last Bond Market Update on October 20, 30-year Treasury yields decreased 37 basis points from 5.07% to 4.70%, and 10-year Treasury yields declined from 4.91% to 4.55% as […]
Bond Market Update: Conjuring October Opportunities – Fixed Income Yields Rise Amidst Volatility Spell
By Bill Smith, Fixed Income Trader and Portfolio Manager Fixed Income Volatility Remains High Yields continue to rise in October as a strong labor market, inflation above the Fed’s 2% target and increased Treasury supply reinforce the “higher for longer” rate narrative. High yield continues its outperformance, while most Treasury, investment grade corporate and municipal […]
Bond Market Update: Market Volatility Spells Significant Opportunity Across Fixed Income Landscape
By Bill Smith, Fixed Income Trader and Portfolio Manager For an asset class sometimes considered unexciting, the bond markets have been anything but dull in 2023. Bank failures, a hawkish Federal Reserve (Fed), disinflation, and higher yields have all contributed to a year of heightened volatility and significant opportunity across the fixed income landscape. FOMC […]
Bond Market Update: Despite U.S. Credit Downgrade, Yield Opportunities Remain Robust
Download the 8.11.23 Dynamic Bond Market Update for advisors’ use with clients By Bill Smith, Fixed Income Trader and Portfolio Manager United States Credit Downgrade – A Brief Note Citing rising debt levels and “repeated debt limit standoffs and last-minute resolutions,” Fitch Ratings downgraded the United States credit rating from AAA to AA+ on August […]
Bond Market Update: FOMC June Policy Meeting – A Hawkish Pause
Dynamic is pleased to introduce a new Market Update segment, “Dynamic Bond Market Update,” where our fixed income specialist Bill Smith will discuss the latest impacts on the bond market and what’s expected moving forward. Intended for advisor use, a summary of the Bond Market Update will be distributed once a month to advisors via […]
