by Aptus PM Team | Jul 7, 2022 | Blog, Bonds, Market Updates
The Yield Curve Inverted… Again The yield curve has inverted temporarily several times this year, but it’s only been for a day or two and then bounced back to a more normal shape (front end lower than the long end). As the Fed continues to hike rates (raising rates at...
by David Wagner | May 2, 2022 | Blog, Market Updates
Developments Over the Last Month April showers doused bullish sentiment last week as the SPX wrapped up April with an 8.8% decline. This was the worst April return for the index since 1970 and the fourth lowest April return on record. Fear over this week’s FOMC...
by Aptus PM Team | Mar 29, 2022 | Blog, Bonds, Macro Updates
The spread between the 10-year Treasury and the 2-year Treasury has compressed materially over the first three months of 2022 (~80bps of tightening), and inverted yesterday for a brief moment. The 10/2 spread is currently sitting at 5bps this morning vs. 80bps on...
by Marketing | Mar 28, 2022 | Market Notes, Media Notes
TREASURIES-U.S. 5/30 yield curve briefly inverts for first time in roughly 16 years Disclosures This information is for investment adviser use only and should not be distributed to any other parties. The commentary included in this post is for...
by Aptus PM Team | Mar 24, 2022 | Blog, Bonds
* Bonds… A Rough Stretch: The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt, has fallen 11% from a high in early 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the...