Yield Hunting Newsletter | August 2021 Commentary And Sheets

Summary

• July was another positive month for equities in the S&P 500 with gains of +2.4%.  The Nasdaq was up +2.9%.  On the down side, EM equities were crushed by -6.4%.

• For the second straight month, treasury yields were down sharply with the 10-yr yield falling from ~1.60% to the current 1.25%.

• The main news headline was the fast-spreading Delta Variant s…