Chandler Bond Market Review

Monthly Archives: July 2012

Corporate Credit Ratings – Risk of Downgrades Has Increased

Although corporate credit fundamentals of many high grade bond issuers have improved significantly since the financial crisis and recession, we believe the risk of an increase in the number of corporate credit rating downgrades has recently become more elevated.  In … Continue reading

Posted in Articles |

Economic Roundup July 2012

Consumer Prices In May, overall CPI inflation softened to 1.7% from 2.3% in April on a year-over-year basis, driven primarily by a decline in energy prices. The year-over-year Core CPI (CPI less food and energy) increased at a 2.3% rate … Continue reading

Posted in Economic Roundup |

Market Summary July 2012

Treasury rates moved slightly higher in June in spite of disappointing economic data, ongoing concerns about Europe’s sovereign debt crisis, and the extension of Operation Twist.  The markets are trading in a tight range despite market speculation that additional measures … Continue reading

Posted in Market Commentary |