After one of the worst quarterly sell-offs in years, the bond market has witnessed only mixed relief so far this summer. The high-quality bond market, as measured by the broad Barclays Capital U.S. Aggregate Bond Index, was roughly unchanged in July 2013, posting a modest 0.1% total return for the month. On the positive side, more economically sensitive sectors such as investment-grade corporate bonds, high-yield bonds, and bank loans bounced back firmly while municipal bonds continued to lag as supply issues lingered.
Bond market performance is still attempting to stabilize and not yet ready to stage a broad-based rebound. We expect to see - See more
The opinions voiced in this material are for general information only and are not intended to provide specific advice for any individual.
Griffin Dalrymple, Investment Manager
Find out what's happening in Bradentonfor free with the latest updates from Patch.
Find out what's happening in Bradentonfor free with the latest updates from Patch.
May be contacted at (941) 896-9909 or griffin.dalrymple@lpl.com
Securities & Advisory Services Offered Through LPL Financial, a Registered Investment Advisor. Member FINRA / SIPC
