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BBH Monthly Commentaries—October 2019

Nov 25, 2019 / United States, Fixed-Income, International, Asset Class Research Research Alliance

In October, both credit spreads and interest rates decreased, so long duration and credit exposure dominated performance in the fixed income markets. Read on in our BBH Limited Duration Fund and BBH Income Fund updates.

Municipal yields were little changed for the month overall, as an initial rally in October gave way to rising rates later in the month. Read on in our BBH Intermediate Municipal Bond Fund update.

For an update on top and bottom contributors in our equity portfolios this month, read on in our BBH Select Series - Large Cap Fund and BBH Global Core Select Fund updates.


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