Fixed Income (March)
– Fixed income markets came under pressure during the month as the conflict with Iran escalated. Despite a broader risk-off market, interest rates rose due to growing concerns of inflation reigniting and the outlook for Federal Reserve rate cuts diminished.
– Credit markets were not immune to the risk-off sentiment as spreads widened during the month. Weaker labor market data and growing concerns of slowing growth were drivers of the weakness.
The information contained herein is confidential and the dissemination or distribution to any other person without the prior approval of Fiducient Advisors is strictly prohibited. Information has been obtained from sources believed to be reliable, though not independently verified. Any forecasts are hypothetical and represent future expectations and not actual return volatilities and correlations will differ from forecasts. This report does not represent a specific investment recommendation. The opinions and analysis expressed herein are based on Fiducient Advisor research and professional experience and are expressed as of the date of this report. Please consult with your advisor, attorney and accountant, as appropriate, regarding specific advice. Past performance does not indicate future performance and there is risk of loss.
