Commodities led a rally in global risk assets in March. Bond markets, by contrast, suffered as interest rates rose. Overall, February was a mixed month for the major asset classes, echoing January’s return profile.

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* Iran rejects offer for US talks on reviving nuclear deal
* Myanmar security forces kill at least 18 protesters
* J&J vaccine approved by Centers for Disease Control and Prevention
* Central banks expected to tolerate higher inflation
* US bond market ‘radically oversold,’ says economist
* China factory growth slowed in Feb to softest pace since May
* Chinese investment in Australia down sharply in 2020
* Eurozone manufacturing activity grew at fastest pace in 3 years in Feb
* US consumer spending rebounded in January, driven by pandemic relief money: