Calamos Investment Team Outlooks, July 2023
During the second quarter, the economy continued to tread a path of “better than feared, but far from strong”.
Source: seekingalpha.com
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During the second quarter, the economy continued to tread a path of “better than feared, but far from strong”.
The first quarter delivered plenty of volatility and rotation, but by the time the dust settled, market participants seemed to be taking things in stride.
As the Fed dug into its tightening cycle and global central banks followed suit, the yield of the US 10-year Treasury touched 4% for the first time since 2010.