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 then shift to the possible long-term ramifications of more costly deposits and tighter lending standards.

Read the full report below for more information on Fixed Income, Credit Spreads, The Economy, The Fed, and our Investment Strategy going into the next quarter of 2023.