https://bernardisecurities.com/wp-content/uploads/2017/04/2017-Spring-Quarterly-FP.png 350 940 ccarranza /wp-content/uploads/2018/02/logo-original.png ccarranza2017-04-18 15:04:432023-02-06 16:15:48Market Review – Spring 2017
Market Review – Spring 2017
The post-election bond market volatility that occurred during the fourth quarter of 2016 continued into the first quarter of 2017. The 10-year AAA MMD index reached a low of 2.14% on January 18th and topped out at 2.49% on March 14th. The difference between the high and low yield for the quarter looks large, however; in absolute terms the yield change over the quarter was muted as the index ended the quarter yielding 2.23%, after starting the quarter at 2.31%.