A changing interest rate narrative prompted many advisors and investors to reevaluate their bond exposures this month. Asset managers stepped in to offer their perspectives on the changing market dynamics and where the risks and opportunities lie in the 2024 Fixed Income Symposium hosted by VettaFi. The symposium took place on April 18 and covered [...]...

To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. The post Main Management Market Note: April 19, 2024 appeared...

The yield on the 10-year note ended April 19, 2024 at 4.62%, the 2-year note ended at 4.97%, and the 30-year at 4.72%. Here is a table showing the yields’ highs and lows and the FFR since 2007. The next chart is an overlay of the daily performance of several Treasury bonds since the pre-recession [...] The post Treasury Yields Snapshot: April 19,...

The S&P 500 fell for a third straight week, posting its biggest weekly loss since March 2023 (-3.05%). The index is currently up 4.73% year to date and now sits 5.46% below its record close from March 28, 2024. The table below summarizes the number of record highs reached each year dating back to 2008. [...] The post S&P 500 Snapshot: Worst...

The Census Bureau’s Advance Retail Sales Report for March revealed a 0.7% rise in headline sales from February, marking the second straight month of increased consumer spending. The latest increase was higher than the anticipated 0.4% monthly growth. For an inflation-adjusted perspective on retail sales, take a look at our Real Retail Sales commentary....

On Wednesday, Kinder Morgan (KMI) released its first-quarter 2024 earnings. The firm reaffirmed its 2024 outlook and provided a constructive view on long-term natural gas demand growth.   For the first quarter of 2024, KMI reported earnings of $0.33 per share, up 10% compared to the first quarter of 2023. The company reported adjusted EBITDA of [...]...