Yield Hunting | November 2022 Newsletter And Updated Sheets

Nov 02, 2022

∙ Paid

Summary

S&P 500: Sept -9.2%. October +8.0%. Gold down 0.8%. Bonds up +1.9%. IG up +2.2%, High yield +1.9%, Munis -0.6%, oil up 4.0%.
The dollar continues to move higher but the second derivative is slowing perhaps signaling the market sees a peak in rates coming and lower dollar values down the road.
We are now seeing IG bonds paying nearly 7.0% altho…