Political uncertainty has led to low expectations that policy initiatives would see much progress before year-end.
Explore this month’s report where we see the highest funded status level achieved since December 2012.
Due to a decrease in rates, funded status fell 2.7% this month from 88.1% to 85.4%.
The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.
Alternatives for uncorelated income
Funded status rose 1.9% this month due to interest rates and growth assets.
Now is an opportune time for investors to reassess whether passive bond investing can deliver on their fixed income allocation objectives.