Weekend Reading: Fixed Income Update

First Quarter 2019

Key Points:

  • U.S. economic data has slowed, but has recently showed signs of bottoming
  • The Federal Reserve abruptly reversed course, abandoning their messaging for additional rate hikes and pivoting back to maintaining an accommodative monetary policy
  • Credit markets rallied during the quarter, largely reversing the widening experienced at the end of 2018

 

Read the first quarter 2019 update

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