- The Federal Reserve cut its policy rate by another 0.25% in November. Fixed income markets, overall, generated positive results on the back of falling interest rates.
- High yield markets saw excess returns and benefited from continued strong demand and compressing credit spreads.
- Foreign bonds eked out a positive return on falling interest rates, but a rising U.S. dollar offset some of the return.
The information contained herein is confidential and the dissemination or distribution to any other person without the prior approval of Fiducient Advisors is strictly prohibited. Information has been obtained from sources believed to be reliable, though not independently verified. Any forecasts are hypothetical and represent future expectations and not actual return volatilities and correlations will differ from forecasts. This report does not represent a specific investment recommendation. The opinions and analysis expressed herein are based on Fiducient Advisor research and professional experience and are expressed as of the date of this report. Please consult with your advisor, attorney and accountant, as appropriate, regarding specific advice. Past performance does not indicate future performance and there is risk of loss.
