Holding bonds has been a mostly painful experience so far in 2021, although a few corners of fixed-income have escaped the damage, based on a set of proxy ETFs through yesterday’s close (Mar. 24).
Daily Archives: March 25, 2021
Macro Briefing: 25 March 2021
* North Korea launched missiles–second test in less than a week
* AstraZeneca reports lower efficacy rate for vaccine in updated data
* Signs to monitor to determine if the US economy is at risk of overheating
* Ship still blocking Suez Canal for third day
* Supply chain disruptions expected to worsen shortages and raise prices
* End-of-quarter rebalancing activities in focus after sharp fall in bonds
* Is BlackRock too big to fail? Treasury Secretary Yellen responds
* Fidelity Investments preparing to launch bitcoin ETF
* Cold weather reportedly takes a bite out of US durable goods orders in February
* US economic growth remains solid in March via PMI survey data:
