5/12/2023 Market Commentary

The April CPI Report released on Wednesday shows that inflation has slowed down for the tenth consecutive month.

5/05/2023 Market Commentary

As expected, the Federal Reserve raised rates by 0.25% this week.

4/28/2023 Market Commentary

Municipal Bond yields were steady this week as investors look towards next week’s Federal Reserve meeting.

4/21/2023 Market Commentary

Municipal bond yields rose sharply this week across the curve.

4/14/2023 Market Commentary

Municipals outperformed Treasuries this week as investors digested several economic reports.

4/07/2023 Market Commentary

Bond yields declined this week in response to weaker than expected jobs numbers.

3/31/2023 Market Commentary

Municipal bond yields held in place this week, caused by a light supply calendar and moderate demand.

3/24/2023 Market Commentary

Despite a 25 basis point rate hike announced by the Fed, Treasury yields rallied in hopes that the end of the rate hikes are near. Municipal yields stayed put.

3/17/2023 Market Commentary

Treasury yields and municipal bond yields dropped this week, as investors flocked to safe fixed income securities amid the chaos.

3/10/2023 Market Commentary

Hawkish testimony by Fed Chairman Powell leads investors to reevaluate rate hike expectations.