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Analysis by Region - North America - US

Publisher Oxford Economics
Published May 19, 2023
Length 8 Pages
SKU # OFE17975178

Description

Analysis by Region - North America - US



The front-end through the belly of the curve led Treasury yields higher this past week as traders began to unwind rate cut bets for later this year. Two- through five-year yields were more than 25bps higher on the week as of early Friday afternoon. That is the largest weekly rise since September 23, 2022, although yields were around 10bps below the week's high yields seen earlier on Friday. Stocks were higher for the week, including a 1.5% increase in the S&P 500 Index, along with a more than 5% rally in the KBW Bank Index as pressure on regional banks eased. And the dollar was around 0.4% higher.

Table of Contents

8 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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