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13 Dec 2018

Q3 – 2018

Q3 – 2018

Interest rates moved higher in the third quarter, and fixed income investors with long- term investment horizons might say, “It’s about time.” Why? (1) Bond interest delivers an important, ongoing income stream, (2) is important for wealth preservation, and (3) can be a significant element of fixed income returns.

05 Dec 2018

October 2018

October 2018

Key Observations

For the month of October 2018, the yield on the 10-year US Treasury Note ended at 3.14%, 8 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index widened by 12 basis points to 1.18% over Treasuries. The A Rated Corporate Credit Spread increased by 11 basis points to 0.96%. The BBB Rated Corporate Credit Spreads widened by 16 basis points to 1.52%.

29 Nov 2018

October 2018

October 2018

Key Observations

For the month of October 2018, the yield on the 10-year US Treasury Note ended at 3.14%, 8 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index widened by 12 basis points to 1.18% over Treasuries. The A Rated Corporate Credit Spread increased by 11 basis points to 0.96%. The BBB Rated Corporate Credit Spreads widened by 16 basis points to 1.52%.

06 Sep 2018

September 2018

September 2018

Key Observations

For the month of September 2018, the yield on the 5-year US Treasury Note ended at 2.95%, 21 basis points higher from the previous month. The Bloomberg Barclays US High Yield Index tightened by 22 basis points to 3.16% over Treasuries. The BB Rated Corporate Credit Spread decreased by 15 basis points to 2.06%. The B Rated Corporate Credit Spreads tightened by 23 basis points to 3.12%. The CCC Rated Corporate Credit Spread decreased by 27 basis points to 5.84%.

13 Aug 2018

Q2 – 2018

Q2 – 2018

The economy picked up momentum over the second quarter as the impact of the Trump tax cuts and regulatory relief took effect.

06 Aug 2018

August 2018

August 2018

Key Observations

For the month of August 2018, the yield on the 10-year US Treasury Note ended at 2.86%, 10 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index widened by 5 basis points to 1.14% over Treasuries. The A Rated Corporate Credit Spread increased by 3 basis points to 0.92%. The BBB Rated Corporate Credit Spreads widened by 6 basis points to 1.47%.

06 Jul 2018

July 2018

July 2018

Key Observations

For the month of July 2018, the yield on the 10-year US Treasury Note ended at 2.96%, 10 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 14 basis points to 1.09% over Treasuries. The A Rated Corporate Credit Spread decreased by 12 basis points to .89%. The BBB Rated Corporate Credit Spreads tightened by 16 basis points to 1.41%.

06 Jun 2018

June 2018

June 2018

Key Observations

For the month of June 2018, the yield on the 10-year US Treasury Note ended at 2.86%, remaining the same from the previous month. The Bloomberg Barclays US Corporate Index widened by 8 basis points to 1.23% over Treasuries. The A Rated Corporate Credit Spread increased by 7 basis points to 1.01%. The BBB Rated Corporate Credit Spreads widened by 8 basis points to 1.57%.

06 May 2018

May 2018

May 2018

Key Observations

For the month of May 2018, the yield on the 10-year US Treasury Note ended at 2.86%, 9 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index widened by 7 basis point to 1.15% over Treasuries. The A Rated Corporate Credit Spread increased by 6 basis points to 0.94%. The BBB Rated Corporate Credit Spread widened by 10 basis point to 1.49%.