Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
Treasury yields edged slightly higher Thursday, as U.S. retail sales for August confounded expectations by climbing 0.7% and investors sifted through other data ahead of next week’s Federal Reserve meeting.
“The yield on 10-Year Treasury notes has been holding to a tight range for the last month,” Alan Adelman, senior fund manager and senior research analyst at Frost Investment Advisors, wrote in a note. “Such a lack of fluctuation indicates that investors may be holding off on making significant moves amid ongoing economic uncertainty. While we expect bonds will stay on this trajectory for the near future, one wildcard to consider is the debt ceiling issue” in the U.S.
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