Though COVID-19 cases mount and hospitalizations increase, the fixed income market sees an end in sight to the pandemic in upcoming vaccines, however, the path to get there is full of unknowns.
Fixed income investors digest the announcement of the President-elect, contested election results, announcement of a COVID vaccine, and a surge in COVID cases globally.
As the U.S. finalizes election results, fixed income investors see the political gridlock of a divided government as a Goldilocks scenario. With the Fed remaining steadfast in support of the market,…
Bond investors saw a week marked with widespread selling as the election looms and COVID cases begin to increase around the globe, resulting in higher yields and spreads widening across the board.
Yields rose for the past 7 days to four-month highs as the market remains fixated on fiscal stimulus, election probabilities, and increased coronavirus cases around the globe.
The fixed income markets ended mostly flat on the week - Treasuries tightened but better-than-expected earnings drove optimism towards the end of the week. Leading up to the election, we continue to…
Fixed income markets have been less euphoric than the equity markets on a stimulus package and clear election results, but regardless, rates have still moved higher and investors continue to buy…