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The sharp rise in global rates had a negative impact on the performance of credit indices
Mixed signals on US employment data pushed yields lower!
A solid month for the fixed income asset class!
What if the Federal Reserve raised its funds rates for the last time this cycle?
The UBS/Credit Suisse agreement will have a material impact on the entire AT1 market!
The Silicon Valley Bank story put the brakes on rising interest rates
In the US, the tone was mixed from Fed members on the future of the Fed's monetary policy.
The Fed minutes essentially revealed that the process of tightening monetary policy is expected to continue at least until the second quarter of 2023.
The release of the U.S. PPI has put the Fed members under pressure.
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