Q2 2023 Investment Review

Bonds took a breather during the second quarter, as market participants reassessed their interest rate outlook on mixed economic data and a difficult-to-read Federal Reserve (the Fed). Mixed signals were the key to the equation as inflationary readings slowed, while remaining elevated as the services componentry proved sticky. Market expectations for Fed action started the…

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Q1 2023 Investment Review

Volatility and uncertainty stemming from the second largest bank failure in U.S. history roiled risk markets in March and spiked interest rate moves in what had been a relatively quiet start to the year. Fortunately, bank regulators put together a safety net that at least stemmed the bleeding in the sector, but the focus would…

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Q4 2022 Investment Review

As most investors look to put 2022 in the rearview mirror, we note that the fourth quarter ushered in positive performance across most of the fixed income landscape. Market participants are beginning to believe that the Federal Reserve and their central banking counterparts around the world might finally be doing enough to counter inflation. Read…

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Q3 2022 Investment Review

Bond yields continued their march higher as the Federal Reserve has been unrelenting in raising their target rate in their stance on wanting to curb inflation. Unfortunately, they are yet to be successful and many bond investors are choosing the sidelines versus the frontlines as monetary losses mount. The Bloomberg Aggregate Index was down about…

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Q2 2022 Investment Review

Q2 2022 Investment Review “Nowhere to hide” was a phrase that we continued to hear throughout the second quarter as risk markets sold off while inflation surprised to the upside, the Fed leaned hawkish and the war in Ukraine raged on.   The Bloomberg Aggregate Index was down about 4.5% bringing the year-to-date performance number…

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Dynamic Fixed Income Update

To Our Clients and Consultants: Thank you for your continued trust in NIS. As many of you are aware, NIS strives to offer consistent and value-added investment solutions while recognizing that we cannot and should not try to chase trends or invest in markets away from our comfort zone. It was with this philosophy and…

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Q1 2022 Fixed Income Review

It seems a bit trite discussing and reflecting on one of the worst quarters in the history of the bond market while an entire country and their people face the horror of war, but we must. Our hearts and thoughts are with those in Ukraine as well as their family and friends. Just as folks…

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Q4 2021 Fixed Income Review

Once again, the overall fixed income market as measured by the Bloomberg Aggregate Index was essentially flat during the quarter at 0.01% vs. the third quarter at 0.05%. Just as the market was digesting the uptick in Delta variant cases, as well as a Federal Reserve that was sounding a bit hawkish, another letter of…

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