Yield Hunting | June 2022 Newsletter And Updated Sheets
Summary
Markets continued to move lower but experienced a nice bear-market rally in the last week of May. For the month, the S&P was basically flat.
Bonds were mixed with higher-quality staging a bit of a rally while high yield/credit was down slightly on the Month. Interest rates fell over 25 bps in May.
Commodities/Energy remains the best performer wit…
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