Daily Archives: Feb 25, 2021 at 07:25 am EST

Interest Rates Are Rising. Will It Last? Four Key Metrics To Watch

The reflation trade remains in high gear. For the moment, it’s reasonable to view this trend as a return to the pre-pandemic period, before the coronavirus crisis roiled bonds markets and slashed yields. The question is whether the recent rebound in rates has legs and indicates that there’s more to the trend than a return to the pre-pandemic “normal”? Unclear, but the answer is forthcoming in the data, including four key metrics that will likely provide early signals of things to come.

Continue reading

Macro Briefing: 25 February 2021

* Senate may revise $1.9 trillion covid aid bill in days ahead
* Worrisome mutation of coronavirus spreading in New York, report finds
* Moderna set to test modified vaccine to treat coronavirus variant
* Fed’s Powell tells Congress central bank’s in no rush to raise rates
* Rising 10-year Treasury yield is headwind for risk assets
* Bull market is reversing two-decade slump in supply of new public companies
* Eurozone economic confidence improves on optimism for vaccine rollout
* Risk factors to watch for booming housing market
* New US home sales rose more than expected in January, near 13-year high: