Fixed income markets outperformed

July 31st, 2010|by Michael Ashley Schulman, Perspectives, The Big Picture|

Though the month of July was a mixed bag in terms of news, fixed income markets outperformed as spreads tightened across corporates, financials and sovereign bonds. On the negative front, worries about the recovery escalated as US GDP growth slowed and consumer confidence slipped as concerns over jobs and wages intensified. News on the housing […]