November CPI met expectations at 0.3% for both the headline and core readings. Stocks got a slight bump and yields fell as the data reinforced rate cut ideas. PPI is due tomorrow.
The U.S. economy and stock market are entering 2025 from a position of strength, but risks of volatility—especially pertaining to policy—are much higher compared to last year.
Kathy Jones and Cooper Howard discuss how to build a bond portfolio, which bonds are suitable for retirees, and other aspects of fixed income investing.
Strong 2024 performance may be tough to replicate given tight credit spreads, but we still have a favorable view on corporate bond investments given the strong economy.
It looks like another bumpy ride is in store for fixed income investors in 2025, with a wide range of potential outcomes. Treasury yields have been on a roller coaster in 2024. For much of the year, the soft-landing scenario of moderate growth and falling inflation amid low unemployment drove bond yields lower, but upward revisions to growth estimates and concerns about policy proposals that could boost inflation in 2025 led to a rebound.
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It looks like another bumpy ride is in store for fixed income investors in 2025, with a wide range of potential outcomes. Treasury yields have been on a roller coaster in 2024. For much of the year, the soft-landing scenario of moderate growth and falling inflation amid low unemployment drove bond yields lower, but upward revisions to growth estimates and concerns about policy proposals that could boost inflation in 2025 led to a rebound.