Milan Cacic
February 24, 2023
Commentary Weekly update Weekly commentaryBONDS ARE GOOD AGAIN!
Not a lot of dialog this week. The two charts below speak for themselves. Bonds had two bad years in a row and 2022 was one of the worst ever on record.
And now bond yields are the highest they have been in a decade. I think I mentioned a few weeks ago that we have added bonds to our models.
I have also include a piece from our CIBC Economics team entitled “Market Spotlight”. The first article outlines the factors that influence BoC interest rate decisions, the second outlines the trends most likely to impact ESG this year.
If you have any questions please feel free to contact us at any time.
Have a great weekend.
Milan