Credit market commentary

The duration-sensitive Barclays Agg was negative in August as long-term interest rates rose slightly.

Declining long-term rates have begun to shift the technical picture in credit markets, which bear monitoring going forward.

The duration-sensitive Barclays Agg posted its third positive return of the year in June as long-term interest rates declined slightly.

Strong performance has led to inflows into energy funds, both for traditional energy and renewables.

Markets traded sideways for much of the month as inflation concerns and cryptocurrency market volatility weighed on sentiment.

The duration-sensitive Barclays Agg posted its first positive return of the year in April as long-term interest rates drifted lower.