Fixed Income Perspective
Fixed Income Perspective provides key fixed-income insights into current rates, credit trends, and a “Bottom Line” section summarizing key takeaways.
Over the past two weeks, tax-exempt Municipal bonds (Munis) have endured significant price weakness, with yields spiking more than 200 basis points (2%) across many parts of the AAA Muni curve.
On March 3rd, the 10-year US Treasury yield fell below the 1.0% threshold for the first time in history, touching 0.9% briefly before settling closer to 1.0%.
Fears and uncertainty around the coronavirus (COVID-19) spreading and becoming a global pandemic have gripped markets and sent US yields tumbling.
February 5, 2018 | Volatility returned to global stock markets last week with the S&P 500 declining -3.85 percent from its Jan. 26th all-time high with international markets following suit.