by Aptus PM Team | Nov 9, 2023 | Blog, Bonds
Last week brought a substantial rally in bonds following a brutal three-month span of higher rates. There are a couple of reasons we can point to for the move lower in rates: The US Treasury cut back slightly on the amount of long-term bonds it’s planning to auction,...
by Aptus PM Team | Nov 2, 2023 | Blog, Bonds
As broadly expected, the Fed left their target Fed Funds rate unchanged at the 5.25% to 5.50% range. The pause from July to November marks the longest period without an increase since the liftoff in March of 2022. Powell did leave the door open for further tightening,...
by David Wagner | Nov 2, 2023 | Blog, Market Updates
October ’23 Market Recap: In a part of the year, in which the market tends to witness some seasonal weakness, the S&P notched its first negative three-month performance since 2020. The S&P 500 was down -2.10%. This has been a stressful few months for...
by Aptus PM Team | Oct 25, 2023 | Blog, Bonds
Probable Fed Pause in November Fed Chair Powell’s commentary last week pointed to the relentless rise in longer-dated Treasury yields that was creating an environment of tighter financial conditions. This should help do some of the Fed’s work and allow them to...
by Aptus PM Team | Oct 20, 2023 | Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: John Luke: September retail sales were too hot for the bond market’s liking, with the weakness spilling...
