“Bond yields declined in November across all points on the yield curve beyond one year as investors became convinced that the Fed’s tough talk will soon give way to a pause. On the economic front, there were hints that inflation may have peaked while growth remains positive which could mean the possibility of a soft landing remains real. The end result for the Bloomberg U.S. Intermediate Aggregate Index was 2.80%, while the Bloomberg Municipal Index returned an even more impressive 4.68%.”
Click here for the full article.
TC130657(1222)1