Iran Conflict Derails Recent Market Progress, Equities and Bonds Fall in March

The S&P 500 posted its worst month since 2022 in March, while rates moved sharply higher, creating a difficult environment for bonds. The combination points to broad market weakness, rising yield pressure, and a risk-off backdrop across both equities and fixed income.

Analysis

The S&P 500 posted its worst month since 2022 in March, while rates moved sharply higher, creating a difficult environment for bonds. The combination points to broad market weakness, rising yield pressure, and a risk-off backdrop across both equities and fixed income.