EquityCompass

Inflation Resurfaces, Fixed Income Perspectives – June 2026
For at least the next several months, inflation will likely remain the key driver of both the direction of interest rates and the shape of the Treasury yield curve. A sustainable resolution to the Iran conflict would likely bring down inflation and return bond yields to their previous levels. In that scenario, the yield curve would likely revert to its prior steepening trend. Conversely, a prolonged stalemate or escalation in hostilities may continue to drive up energy costs and put additional upward pressure on inflation and bond yields. Under those conditions, further curve flattening would be expected. See the data…https://www.equitycompass.com/content/Insights/content/demasi_fixed_income_perspectives_june2026.pdf

Like Ulysses in Homer's Odyssey, many investors are not perfectly rational and periodically need to lasso themselves to the mast when seas become rough. Investors who successfully reached their long-term financial goals were not necessarily the ones who avoided every storm, but the ones who stayed in the boat. Read the article:https://www.equitycompass.com/content/Insights/content/hagstrom_bind_me_to_the_mast_april2026.pdf

Riding Out the Storm, Fixed Income Perspectives – March 2026
During periods of economic uncertainty and financial market stress, high-grade bonds have historically helped to reduce the return volatility of diversified investment portfolios. The risk management attributes of fixed income securities were clearly evident in the first quarter, as the military conflict in Iran triggered turbulence across the broader financial markets and threatened to slow the global economy. On a year-to-date basis through March 25, the U.S. Aggregate Bond Index (AGG) outperformed the major U.S. equity indices by a significant margin, including a 325 basis point (bps) positive performance differential compared to the S&P 500 Index. View the data…https://www.equitycompass.com/content/Insights/content/demasi_fixed_income_perspectives_march2026.pdf