Bonds in the Balance: Navigating the Fed’s Interest Rate Seesaw

July 9, 2024 — How does fixed income typically behave during Fed interest rate cycles? We measured yield levels, curves, and credit spreads, as well as fixed income total returns over the past 32 years to determine performance during three periods: when the Fed lowers, raises, or holds steady its policy rate.

generic image

Featured Insights

generic image
Fixed Income

Does Election Season Influence the Fed’s Decisions?

July 1, 2024 -- As we enter the second half of the year, the market is focused on the leadup to the US presidential election in November. There's a common debate about...

Learn more >

generic image
Fixed Income

Fixed Income Investment Strategy — July 2024

July 8, 2024 -- Fixed Income Investment Strategy provides an overview of Sage's market outlook and sector positioning.

Learn more >

generic image
Fixed Income

A Rising Star — Fed Raises Projections for Long Term Fed Funds Rate

June 17, 2024 -- The interest rate environment over the past nine months has resembled a pendulum as markets (and Fed officials themselves) attempt to shift from a hiking to...

Learn more >