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Market Commentary

March 2018

Yields Decline Despite Lowest Unemployment Claims in 44 Years

Yields fell once again this holiday-shortened week as investors continued to flee the volatility in equity markets...

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Fed Raises Rates While Equities Tumble

Yields fell slightly this week as investors fleeing the volatility in equity markets bought bonds...

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Yield Curve Flattens as Fed Move Expected

The yield curve continued to flatten this week, with the short end of the curve rising slightly while longer-dated bond yields falling by up to five bps...

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Strong Payrolls Report Points to Economy's Strength

A strong payrolls report helped yields end the week higher, as February's job gains exceeded even the highest economist estimate...

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