PMA/MOCAAT Achieves Significant Milestone – Reaching $2B in Fund Assets
PMA, a premier full-service provider of financial and advisory services to local governments, along with the Missouri Capital Asset Advantage Treasury (MOCAAT), achieved a significant milestone by reaching $2 billion in assets in MOCAAT and its Fixed Rate Investment Program as of February 24, 2023.
by Laura Fox FEATURED MARKET DATA
Strong Bond Returns
Bonds generated strong returns in January as U.S. Treasury yields declined modestly and credit spreads declined. A large spike in market yields in 2022 boosted income for bondholders, which aids returns.
by Laura Fox 