Featured Market Data: Corporate Spreads Tighten
Bond markets showed continuing signs of improvement in June as corporate spreads (the difference in yields between corporate bond indices and Treasury yields) declined for investment grade bonds. Equity and bond markets generally continued “risk on” trends as stocks and corporate bond prices rose.
Naperville, Ill. – June 26, 2020 – PMA Asset Management, a growing SEC registered investment advisor offering investment advisory services to government entities, insurance companies and other institutional investors, achieved a significant milestone by surpassing $10 billion in Assets Under Management (AUM). As of May 31, 2020, PMA managed over $10.5 billion in AUM for its 152 clients.