Yield Hunting Newsletter | March 2021 Commentary And Sheets

Summary

• While the S&P finished the month up, it did finish quite a ways off the highs as late-month volatility erased a lot of the gains.

• That late-month volatility was driven by higher interest rates that finally rose enough to scare investors.  However, growth/tech stocks have been falling for a few weeks now.

• It remains to be seen how much more rates wi…