Other Points of View: April 2017
Other Points of View
Welcome to the Other Points of View, a monthly eZine designed to complement our WealthProtect Status Update. Other Points of View's primary aim is to give you in an easy, once per month format direct links to articles, blogs, and research that you may find valuable.
Please keep in mind that opinions shared via those links belong to those authors and do not necessarily reflect the views of LPL Financial or Armstrong Wealth Management Group. Enjoy!
- Armstrong Wealth Management Group
Many market participants had expected rates to move higher in 2017, but recent moves in the Treasury market may have some wondering if higher rates are still a foregone conclusion. The 10-year Treasury yield had been on an upward trend since the election, moving from 1.85% on November 8, 2016 (the day before the election), to a closing high of 2.62% on March 13, 2017. However, over the ensuing month rates have fallen nearly 40 basis points, closing at 2.23% on April 13. Nearly 14 basis points of that drop came last week following heightened geopolitical concerns regarding North Korea and Syria, along with dovish comments from President Trump endorsing low interest rate policy and a weaker dollar.
