1056 GMT - Appetite for bonds has increased in 2026 as investors move funds into fixed income assets after years of solid performance in stock markets, Federated Hermes' R.J. Gallo says in a note. Strong U.S. corporate earnings and resilient economic growth have boosted demand for U.S. corporate bonds. Demand for U.S. municipal bonds was also strong in the second quarter of 2026, causing municipal bond yields to fall while U.S. government bond yields increased, he says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 09, 2026 06:56 ET (10:56 GMT)
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