Bond Yields Break to New Highs Equities were down on the week as bond yields finally broke out to cycle highs. The S&P 500 was down 1.4% on the week. The NASDAQ was weaker with a drop of 2.5% as higher beta names underperformed. Core bonds were down 0.6%. Core bonds have fallen more than...
Summer Doldrums Over the last week, fixed income rose to the top regarding cross-asset performance, rising 0.3%. U.S. equities declined 0.1%, as U.S. small caps fell 1.0% while large caps were flat. Outside the U.S., emerging markets declined 0.6% while foreign developed eked out a modest 0.1% increase. Economic Tea Leaves Inflation has been front‑of‑mind...
Welcome to Five in Five, a monthly publication from the Investment Team at BTC Capital Management. Each month we share graphs around five topics that illustrate the current state of the markets, with brief commentary that can be absorbed in five minutes or less. We hope you find this high-level commentary to be beneficial and...
