Our Investment Portfolio Reporting service provides record-keeping for all your investments, including structured notes, pass-through pools, and collateralized mortgage obligations (CMOs). You’ll have concise and accurate monthly accruals for interest, amortization, and accretion. A flexible general ledger interface option can be used to create entries for accruals, payments, and transactions.

How we make it easy…

Investment reporting doesn’t get easier than this! Once you’re up and running, you just send us a copy of your confirmations as you buy and sell investments in your portfolio. We update your investment portfolio and generate your reports. Each month you receive income accruals and appraisals on your investments. You also receive other important information to help you prudently manage your investments.

Each client is assigned an experienced customer service representative who assists in reconciling your portfolio to the general ledger and is available to answer your questions on the reports. FinSer’s service includes flexible cut-off dates and quick turnaround of the reports.

Key Features

• Monthly Reporting
  • Entries for interest accruals and amortization/accretion
  • Principal and interest payment verification reports
  • Reports organized by investment type and ASC 320 (FASB 115) category
  • General ledger reconciliation reports
  • Portfolio Summary and Maturity Distribution reports
  • Cash flow and budget projection reports
  • Regulatory reporting for banks and credit unions
  • Fair market values
• Quarterly Shock Test
  • -400 to +500 basis point shock
  • Summary reports show the effect of rate changes on an entire portfolio
  • Reports by investment type and individual security
  • Quarterly Interest Rate and Bond Market Recap (commentary)
• Year-to-Date Reports
  • Quarterly recap of year-to-date purchases, sales, calls, and maturities
  • Year-to-date amortization, accretion, and interest accrued
  • Roll forward reporting (summary, investment type, and security)
  • Contractual Maturity Schedule
  • Unrealized Gain/Loss Summary
• Data Interfaces
  • Data file with over 175 fields per cusip
  • Optional General Ledger interface for accruals, payments, transactions

     August 31, 2026 

        Global bond markets have been battered this year by higher energy prices, inflation, competition from heavy AI-linked corporate borrowing and worries that governments will fail to rein in spending. In August, total U.S. government debt topped $40 trillion, including intragovernmental debt. Interest costs are now the third-largest part of the U.S. budget, after healthcare and Social Security. This, along with renewed tensions in the Middle East re-lifting energy prices and AI expansion accelerating prices of computers and other high-tech products, are seen as risks to returning inflation to the Fed’s 2.0% goal. Treasury Secretary Bessent’s announcement of plans to at least double the size of liquidity buyback operations for securities dated from the 10-year to the 30-year sector may also make the Fed’s task of bringing down inflation more difficult. His efforts to “buy down” the yield on longer-duration bonds sits in sharp contrast to Fed Chairman Kevin Warsh’s stated belief that the rise in long-term borrowing costs has served a valuable purpose in tightening financial conditions in an economy with inflation still elevated and sending key signals to the central bank, if not doing the central bank’s job.

     Economic growth in the U.S. continues but is starting to look more fragile. There is manufacturing strength paced by AI-related capital spending, defense needs, and inventory rebuilding. The larger service sector also continued to expand in July. On the other hand, labor market momentum has been uneven. Employment reported its second consecutive soft print. Non-farm payrolls declined by 23,000 in July, following a combined 103,000 downward revision to the May and June figures. The unemployment rate ticked down to 4.1% as labor force participation slid and wage growth slowed. The slowing wage growth combined with elevated costs of essentials and a historically low savings rate is proving to be a headwind to household consumption. July’s retail sales fell 0.6%, the largest decline since May of 2025. And consumers are becoming more pessimistic based on noted surveys, suggesting retrenchment may be ahead.

     While still above the Fed’s long-range target, inflation gauges over June and July suggest some moderation in price pressures. Since May, core CPI has trended lower from 4.2% to 3.4% in July. The relief that the Federal Reserve has been looking and hoping for, however, may not continue. Personal Consumption Expenditures (PCE) Deflators have proven to be stubborn. Both headlines and core (excluding food & energy) rose 0.2% in July, an increase from -0.1% and +0.1%, respectively, in June. An escalation of the Iran war poses a risk to the outlook for inflation by threatening to push oil and consumer prices higher. In addition to ongoing geopolitical tensions, there are also uncertainties over tariffs, shifting trade relationships and the potential for weather adversely affecting agriculture and food prices.

        The minutes of the July Federal Open Market Committee (FOMC) meeting reaffirmed the assumption that the Fed is prepared to raise rates if inflation is persistently elevated. Fed Chairman Warsh’s elimination of forward guidance has complicated the policy outlook, as have Treasury Secretary Bessent’s plan to suppress yields on longer duration Treasury maturities, taking away the market’s expectations function. At the Kansas City Fed’s annual symposium in Jackson Hole, Wyoming, Fed Chairman Keven Warsh, in the keynote address, hit back on Bessent’s plan by saying the Fed “needs clear market signals, as unfiltered as possible.” He also said that inflation is the more concerning part of the central bank’s dual mandate. Broad inflation measures have fallen significantly from their 2022 peak, but progress over the last two years has been modest. Warsh reiterated that the Fed must be confident that underlying inflation is moving toward its 2.0% goal, clearly and at sufficient speed, otherwise the Fed has work to do. The markets assessed his speech as hawkish, lowering the bar for raising policy rates. The financial markets have been questioning the credibility of the Fed as an inflation fighter, and the steep yield curve provides clear evidence of that. Following up this speech with a quarter point rate hike at the mid-September FOMC meeting might go a long way toward rebuilding the credibility of the Fed and its chairman, as well as demonstrating their independence.  

The minutes of the September 25-26 Federal Open Market Committee (FOMC) meeting reinforced the view of higher interest rate ahead as the economy continues to expand at a solid pace and inflation remains close to its 2 percent target. Economic fundamentals remain strong as evidenced by _____% annualized quarterly growth for the third quarter. While slower than the second quarter’s 4.5 percent growth rate, it is still above trend and of the Fed’s near-term plan to continue gradually lifting short-term rates. Additionally, according to the minutes, a number of participants believe that it will be necessary to raise rates above neutral temporarily to avoid overshooting inflation or contributing to financial imbalances.

Risks to the outlook were seen as roughly balanced. On the downside, trade developments, global divergence of growth prospects and stress in emerging markets were referenced in the minutes, but this was offset by high consumer and business confidence and the potential for a greater than anticipated impact from fiscal stimulus. Despite removing the word accommodative from the last policy statement the majority of FOMC members believe the federal funds rate is still below its neutral level. At 2 to 2.25 percent, the federal funds rates and money market instrument tied to the targeted rates barely or does not cover, depending on which price gauge one chooses, the annual inflation rate, meaning the real cost of money is still cheap, and accommodative.

There is an abundance of data that indicates the economy is on solid footing and will likely continue to expand in the final quarter of 2018 and the start of 2019. The August Job and Labor

Turnover Survey (JOLTS) showed job openings rose to a fresh record high. Industrial production momentum continues at its best pace with output increasing at a 5.2 percent rate, the best in nearly 8 years. The September unemployment rate has dropped to 3.7 percent, a level not seen since 1969. The Conference Board’s leading Economic Index marked its fourth consecutive monthly increase of at least 0.4 percent in September and its 28th straight month without a decline. Taken together, the odds of a recession in the hear-term appear remote.

If there is a canary in the coal mine, it is the housing sector. It is caught in the middle of some powerful headwinds. Recent data has been downbeat as rising mortgage rates and persistently rising home prices are eroding affordability. Existing home sales fell 3.4 percent in September, marking the sixth straight monthly decline. New home sales Housing starts in September declined a sharp 5.3 percent. While some of the weakness in both sales and starts can be chalked up to weather distortions builders still face constraints including available workers, high land prices and rising material prices.