FlexShares Core Select Bond Fund

US fund market assets grew by $789.2 billion in October, with total year-to-date assets increasing by $5,704.2 billion. Bond funds led in net inflows, while equity funds delivered the highest returns at 16.3% year-to-date.

The US bond market has had a rough ride for much of the past two years, but the powerful rally over the last two months suggests the worst is over.

As the Treasury curve flattened and yields rose, spreads on investment-grade corporates and taxable municipals continued to show signs of weakness.

The bond market is finally bottoming out over the coming months and should begin a major rally into 2023.

Dan Ivascyn, Group CIO, discusses the evolving yield curve and how bonds can help bolster portfolios against negative economic scenarios, like market shocks or a slowdown in growth.