American Century Short Duration Inflation Protection Bond Q1 2026 Commentary
American Century Investments·2026-05-26·via All Articles on Seeking Alpha
Summary
U.S. investment-grade bonds declined slightly during the first quarter, breaking their four-quarter string of gains.
Last year's government shutdown weighed on fourth-quarter gross domestic product, which expanded at an annual pace of only 0.5%.
Given the recent energy shock, we've modestly tempered our economic outlook.
We believe volatility may persist, creating opportunities for us to seek value among inflation-protected debt and select out-of-benchmark securities.
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Market Review
Bonds ended fractionally lower. U.S. investment-grade bonds declined slightly during the first quarter, breaking their four-quarter string of gains. The volatile period included renewed tariff concerns, a Federal Reserve (Fed) policy pause, mixed economic data, war in Iran and soaring oil
