report by BlackRock
Results for ""
Fixed Income Insights
Weekly Fixed Income Commentary: Treasury yields rise on hawkish Fed comments
This piece is approved to use with clients.
U.S. Treasury yields rose again amid hawkish rhetoric from U.S. Federal Reserve officials and continued strong U.S. economic data.
Market Outlooks
Weekly Investment Commentary: Munis offer yield relief from inflation’s heat
This piece is approved to use with clients.
U.S. yields began the year at their highest starting level since 2011, and they have since risen further across the Treasury and municipal curves.
Market Outlooks
Global Weekly Commentary: Higher bar for U.S. earnings to deliver
This piece is approved to use with clients.
We saw 2024 as a year of two stories. First, cooling inflation and solid corporate earnings would support upbeat risk appetite.
Fixed Income Insights
Weekly Fixed Income Commentary: Treasury yields rise on surprising inflation data
This piece is approved to use with clients.
U.S. Treasury yields rose again last week after U.S. inflation data surprised to the upside, sparking a reassessment of near-term U.S. Federal Reserve rate cuts. The market is now pricing only 1.8 total cuts this year.
Market Outlooks
Weekly Investment Commentary: Earnings season: investment ideas
This piece is approved to use with clients.
First-quarter earnings season has kicked off with the utilities and communication services sectors projected to deliver the strongest year-over-year EPS growth, while estimates for materials and energy are expected to decline the most.
Market Outlooks
Global Weekly Commentary: Earnings growth not just about tech
This piece is approved to use with clients.
Solid U.S. economic and corporate earnings growth have supported risk appetite, driving stocks to all-time highs – even as bond yields have jumped. We think earnings will need to deliver on high expectations, especially after last week’s data showing sticky inflation spooked investors.
Fixed Income Insights
Weekly Fixed Income Commentary: Strong employment data boost Treasury yields
This piece is approved to use with clients.
U.S. Treasury yields rose on strong U.S. economic data, and spread sectors generally outperformed. The overall solid data further reduced expectations for near-term U.S. Federal Reserve easing, though markets still price the first rate cut for June.
Market Outlooks
Weekly Investment Commentary: A fixed income blend as themes converge
This piece is approved to use with clients.
Investors looking to lock in attractive yields ahead of eventual rate cuts while also positioning their portfolios to benefit when those cuts occur have expressed growing interest in how best to blend taxable and municipal fixed income assets to pursue these goals.
Market Outlooks
Global Weekly Commentary: Playing demographic divergence now
This piece is approved to use with clients.
Working-age populations are shrinking across developed markets (DMs) but still growing in emerging markets (EMs). That hurts DM economic growth and favors EM growth – a divergence that is broadly reflected in asset prices, in our view.
Fixed Income Insights
Weekly Fixed Income Commentary: Inflation data hold Treasury yields steady
This piece is approved to use with clients.
U.S. Treasury yields were generally unchanged last week as U.S. inflation data met expectations. U.S. Federal Reserve Chair Powell reiterated that the central bank doesn’t “need to be in a hurry to cut.”
Market Outlooks
Global Weekly Commentary: Staying nimble while seeking income
This piece is approved to use with clients.
Yields jumped as central banks hiked rates to historic highs – ushering in a new era for fixed income. We see higher yields persisting even if rate cuts are coming.
Fixed Income Insights
Weekly Fixed Income Commentary: Treasury yields decline as the Fed prepares for cuts
This piece is approved to use with clients.
U.S. Treasury yields declined as the U.S. Federal Reserve leaned modestly dovish at the March meeting. The central bank remains on track for rate cuts later this year, and financial markets interpreted this decision positively.