Fixed income markets are reacting to the recent developments in the Middle East. It is Day 2 for trading in the New Year and already we have seen a shift into flight-to-safety mode that warrants monitoring.

Below is a brief description of events and the response in both rates and commodities markets.

Iraq and Iran: Last night, the US drone attack killed a top Iranian military official (Qasem Soleimani) and Iraqi military official (Abu Mahdi al-Muhandis), among others.

Continue reading the full report

About the author

Jody Lurie

Sr. Fixed Income Portfolio Consultant

Read more from Jody Lurie

For more information about Janney, please see Janney’s Relationship Summary (Form CRS) on which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.

To learn about the professional background, business practices, and conduct of FINRA member firms or their financial professionals, visit FINRA’s BrokerCheck website: