- Source: S&P Dow Jones Indices LLC. Data as of March 7, 2014.
The recent steep decline in yields have pushed bond prices up resulting in Puerto Rico out performing the rest of the municipal bond market and other bond market segments so far this year. This new issue will tell us a lot about the depth of the market along with what price investors are willing to pay for the risk.
The table below highlights select fixed income asset classes and their year-to-date performance.
- Source: S&P Dow Jones Indices LLC. Data as of March 7, 2014.
This article was written by J.R. Rieger, global head of fixed income at S&P Dow Jones Indices.
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