/wp-content/uploads/2018/02/logo-original.png 0 0 admin /wp-content/uploads/2018/02/logo-original.png admin2016-02-02 16:08:332023-02-06 16:15:53Market Review – Winter 2015
Market Review – Winter 2015
Market Update: As many market participants anticipated, on Wednesday, December 16th the Federal Reserve announced its first rate hike since 2006 increasing the fed funds rate to a range of 0.25% – 0.50%. Despite the news, municipal bond yields decreased during the fourth quarter with AAA 5-year, 10-year, and 20-year yields falling 2, 11, and 25 basis points, respectively. According to Bloomberg, the market is not projecting a rate hike during the Fed’s January meeting.