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Apr 07 2023

Something BAA-d Brewing?

  • Apr 7, 2023

Tightening peaked in Q4-2022, with the BAA yield at 266 bps above its year-earlier level—the most contractionary move since the early 1980s. If the standard lead-time applies, the full impact will be felt in Q4-2023.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager