Fixed Income Market Update July 2023

Interest rates are near the top of the range again, creating an investment opportunity   Market expectations were initially projecting it to be a better year for fixed income investors, as many economists thought we would be in a recession by now or one looming right around the corner and interest rates would be lower. …

Will the Fed Cap Long-Term Rates?

Since the beginning of 2021, the 10-year Treasury note has risen by about 70 basis points in yield. This rapid rise in rates has created high volatility across bond and equity markets, and as such, it is fair to question if and how the Federal Reserve may intervene to keep long-term rates low.    We…