Columbia Threadneedle Fixed Income Monitor: March 2024

Summary

• Treasury yields continued to move higher as the market reassessed the Fed’s policy path.
• Credit assets (investment grade, high yield) posted strong performance, resulting in tighter spreads.
• Municipal bonds delivered positive total returns, with performance in longer maturities supported by limited supply and strong demand.

Andrii Yalanskyi

Track fixed income opportunities with this monthly update.

One way to identify opportunities in fixed income is to look at bond yields. That’s because yield, which is based on a bond's price and coupon payments, reflects total return potential. Yields can