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Market Commentary

May 2018

Yields Reverse Gains as Geopolitical Concerns Weigh

Yields reversed all of last weeks advances and more, with both the five- and ten-year Treasury notes declining...

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Big Yield Gains as Data Shows Consumer Spending

Yields posted a sizable jump this week, as the 10-year Treasury reached 3.11% before retreating a bit at weeks' end...

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Geopolitical concerns overshadow strong labor market data

President Trump's decision to withdraw from the Iran nuclear deal dominated headlines this week, overshadowing a relatively robust series of economic releases...

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FOMC Keeps Fed Funds Target Unchanged

Another eventful week in the fixed income markets ended with yields only slightly changed, as investors reacted to the FOMC's mid-week meeting and April's employment report...

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