In Q1 2019, U.S. equity markets rebounded, increasing almost 14% as fears that drove down markets in Q4 2018 and warned of a slowdown, were eased.
The Federal Reserve held interest rates steady amid continued inflation rates below 2%. The European Central Bank (“ECB”) also announced a delay in rate hikes.
10- and 20-year treasury notes finished Q1 below recent quarters, but averages were in line with Q4 2018 with an average rate of ~2.7% and ~2.9%, respectively.
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