Chandler Bond Market Review

Monthly Archives: June 2013

Money Market Funds, Floating Rate NAVs, and Short Duration Alternatives

The Securities and Exchange Commission (SEC) recently moved forward with a recommendation to require some types of Money Market Funds to drop the fixed $1.00 share price in favor of a floating rate NAV (Net Asset Value).  Unlike legislation passed … Continue reading

Posted in Articles |

Economic Roundup June 2013

Consumer Prices In April, overall CPI inflation declined to 1.1% on a year-over-year basis from 1.5% in March.  The year-over-year Core CPI (CPI less food and energy) edged down to 1.7% from 1.9%.  The core inflation rate is trending below … Continue reading

Posted in Economic Roundup |

Market Summary June 2013

Recent economic data continues to point to modest growth. Nonfarm payrolls rose 175,000 in May, slightly better than the consensus forecast, but the unemployment rate rose to 7.6% from 7.5% in April.  Average nonfarm payroll growth over the past 3 … Continue reading

Posted in Market Commentary |