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Macro - Weekly Briefings - US

Publisher Oxford Economics
Published May 27, 2022
Length 6 Pages
SKU # OFE17209459

Description

Macro - Weekly Briefings - US

The front-end led Treasury yields lower this week, steepening the curve. The 2-year yield was 10bp lower in late Friday morning trading, leading the gains as traders pared rate hike bets. Stocks bounced back after finding support last week at the 38% retracement of the March 2020 through January 2021 rally in the S&P. As of late Friday morning, the S&P 500 Index was 5.6% higher for the week, and the Nasdaq was up 6.0%. The dollar has been weakening for the past two weeks in reaction to weaker data and changes in Fed rate expectations.

Table of Contents

6 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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