Fixed Income Overview

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Government bond yields saw an increase in May as discussions surrounding the debt ceiling transpired. Even with the turmoil in May, all bond sectors were still posting positive year-to-date results as of the end of May. The yield on the 10-year Treasury bond settled at 3.64%, rising slightly as possible increasing costs of borrowing for the government prompted concerns.

Sources: Treasury, Bloomberg

Print Version: June 2023 Fixed Income Overview

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