imtc Market Commentary

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Explore our insights, news, research, and events on the world of fixed income and technology.
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mountains with dark clouds
Market CommentaryBond Markets

The Fixed Income Brief: Take Rates “Easy On Me,” FOMC
As Adele released her much-anticipated 30 album, fixed income investors are hoping to avoid similar emotional trauma she went through in her breakup as Powell and the FOMC begin to remove the Fed’s…
November 21, 2021
stone path crumbles into sea
Market CommentaryBond Markets

The Fixed Income Brief: Inflation Not So Transitory – For Now
The recent inflation numbers show that ‘transitory’ may have only been wishful thinking by the Fed; though the medium-term outlook the central bank is relying on may be under threat, investors…
November 14, 2021
Staircase with city riverside view
Market CommentaryBond Markets

Factors Affecting Fixed Income Now: Key Developments in the Muni Market
John Hallacy shares his take on how the Fed taper, passage of the infrastructure bill, and inflation will impact the muni market.
November 11, 2021
forest clearing
Market CommentaryBond Markets

The Fixed Income Brief: “Taper is Coming” – House Powell
As tapering is (finally) confirmed and clarified by Powell, rates remained relatively flat as the wind down had already been priced in by the market.
November 7, 2021
rocky shore at dusk
Market CommentaryBond Markets

The Fixed Income Brief: Investors Not Spooked by Inflation
As we head into Halloween weekend, it looks like U.S. investors are becoming less scared of inflation but are now a bit more frightened about peak growth expectations as Powell and the Fed plan to…
October 31, 2021
wheat fields at dawn
Market CommentaryBond Markets

The Fixed Income Brief: Taxes, TIPS, and Earnings
More clarity around fiscal stimulus, price inflation, and earnings sends interest rates and risk markets higher.
October 24, 2021
lighthouse on shoreline
Market CommentaryBond Markets

The Fixed Income Brief: Separating Taper from Hikes
It remains clear the Fed will begin the process of tapering over the next couple of months; the more difficult task ahead for the central bank is to convince fixed income investors a rate hike will…
October 17, 2021
path in fall forest
Market CommentaryBond Markets

The Fixed Income Brief: Stay the Course
Despite a couple of disappointing monthly nonfarm payroll figures, the Fed will likely continue to take steps to initiate the tapering of open market purchases.
October 10, 2021
road with clouds in distance
Market CommentaryBond Markets

The Fixed Income Brief: Powell’s Frustration
All the Fed speak in the world cannot combat the real-world impact consumers are facing when it comes to experiencing higher prices in all facets of the economy. Despite being frustrated by the…
October 3, 2021