AAM provides an update on investment-grade fixed income for April. Explore the latest insights on corporate bond performance, market technicals, securitized products, municipal bonds, and more.
What’s inside: Market volatility in April spiked, fueled by tariff fears and economic uncertainty. This led to wider spreads in all sectors, with historic correlations breaking down as 10+ year Treasury yields increased. Spreads have tightened and remain vulnerable to continued headlines in particular related to weakening economic-related data.