US pension briefing – May 2022

Article June 8, 2022 US pension briefing – May 2022 Written by River and Mercantile Share Key takeaways Discount rates went up, then down ending the monthly right where they started. Equities had an OK month, with international markets up slightly and US markets typically down. Funded status didn’t change much at all over the…

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US pension briefing – April 2022

Article May 5, 2022 US pension briefing – April 2022 Written by River and Mercantile Share Key takeaways Discount rates jumped even higher in the month of April, nearly matching the total increase seen in Q1 2022. This was one of the largest monthly changes in discount rates over the last 25+ years. With the…

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US pension briefing – March 2022

Article April 6, 2022 US pension briefing – March 2022 Written by River and Mercantile Share Key takeaways Discount rates continued to push higher during March largely due to increases in Treasury yields. Even with the war in Eastern Europe, equity markets, while volatile, ended the month in positive territory. The significant rise in discount…

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US pension briefing – February 2022

Article March 7, 2022 US pension briefing – February 2022 Written by River and Mercantile Share Key takeaways Equity returns were negative again in February; the yield curve flattened over the month and saw rates rise over all maturities. Credit spreads widened also as investors flocked towards safe haven assets with growing political conflict in…

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US pension briefing – January 2022

Article February 8, 2022 US pension briefing – January 2022 Written by River and Mercantile Share Key takeaways Discount rates rose sharply as Treasury yields increased across the entire yield curve and credit spreads widened. Equity returns were negative for the month due to ongoing uncertainty regarding Fed rate hikes, inflation, and political conflicts. While…

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Pandemic, policy, and prices: 2021 in review

Article January 10, 2022 Pandemic, policy, and prices: 2021 in review Written by River and Mercantile Share Introduction & background After another busy year, we can now reflect on how our macro views fared and what 2022 may have in store for markets. 2021 has been notable for the three Ps: the ongoing Pandemic, continued…

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US pension briefing – December 2021

Article January 7, 2022 US pension briefing – December 2021 Written by River and Mercantile Share Key takeaways Discount rates continued to inch higher with Treasury yields making the biggest moves. Equity returns were once again up, despite concerns from the Omicron variant. Most plan sponsors should see positive funded status improvements during December and…

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US pension briefing – November 2021

Article December 6, 2021 US pension briefing – November 2021 Written by River and Mercantile Share Key takeaways Discount rates were flat, but the Treasury yield curve changes and credit spread changes paint an interesting picture of what is happening with rates. A new COVID variant wreaked havoc on most equity classes domestically and internationally.…

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