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Macro - Weekly Briefings - US

Publisher Oxford Economics
Published Jun 10, 2022
Length 6 Pages
SKU # OFE17263069

Description

Macro - Weekly Briefings - US

Treasury yields soared and the curve flattened sharply this week as rate hike expectations jumped. Two-year through 5-year yields were more than 30bp higher for the week as of early Friday afternoon, with the 2-year yield rising by the most since June 2009. The two-week rise in the 2-year yield has been the largest since April 2008. The 2-year/10-year spread was 14bp tighter this week. The rising inflation and economic growth concerns also pushed the S&P 500 Index 4.9% lower as of early Friday afternoon, and the Nasdaq 5.6% lower, but pushed the dollar index back above 104 as the euro fell back to test 105 ahead of the 103.5 mid-May low.

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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