Bond Market Observations: Déjà vu, All Over Again
Authors and Contributors
Active Fixed Income-Investment Committee
The late, great Yogi Berra was right, and we have been here before. Global economic growth is running above its longer-term trend, inflation in advanced economies is poised to rise, and the Federal Reserve will travel further up the firming path than commonly understood (with some other major central banks trailing behind). That has been our story for some time and, if anything, events over the past month give us more reason to stick to it.
On January 31, 2018, The Boston Company and Standish merged into Mellon Capital to form a combined entity, BNY Mellon Asset Management North America Corporation. Effective January 2, 2019, this entity was renamed Mellon Investments Corporation.