Yield Hunting Newsletter | April 2022 Commentary And Sheets

Summary

• The S&P rallied 3.8% in the month of March and turned in its first positive month of the year.  The major indices were all up after starting the month lower.

• Interest rates were the big story with the entire curve shifting higher but the short end rising faster creating some small inversions.  Inflation remains extremely hot.

• The inversions are not…