In this issue:
- Gold slides to 3-month low
- Energy stocks continue to rally as Goldman turns bullish on the sector
- Another record high for ishares MSCI China ETF (MCHI)
Daily Archives: Feb 17, 2021 at 05:35 pm EST
Rising Interest Rates Create Headwinds For Bonds In 2021
Only when the tide goes out do you discover who’s been swimming naked, Warren Buffett famously quipped. A real-time financial example is unfolding in the bond this year, especially after yesterday’s jump in Treasury yields.
Macro Briefing: 17 February 2021
* Biden administration will extend ban on home foreclosures
* Huge protests in Mynamar continue in reaction to military coup
* US retail sales expected to rebound in today’s January udpate
* Electricity prices surge in Texas as deep freeze roils state
* China topped US in 2020 as Europe’s biggest trading partner
* Bitcoin reaches $51,000, a new record
* Widespread business disruption across US in wake of winter storm
* Does extreme weather provide opportunity for infrastructure upgrade?
* Manufacturing activity in New York state expanded in February at a quicker pace
* 10-year Treasury yield rises to 1.30%, near one-year high:
