The runup in yields for most of the major asset classes has peaked, based on a trailing 1-year payout rates for a set of ETFs through Friday’s close (Jan. 5, 2024). That’s hardly surprising, given the slide in government bond yields in recent months, but it’s a reminder that the low-hanging fruit of relatively rich yields is increasingly in the rear-view mirror.
Daily Archives: January 8, 2024
Macro Briefing: 8 January 2024
* House and Senate leaders announce deal to avert government shutdown
* Expected decline in US core inflation for December supports Fed easing outlook
* China shadow bank Zhongzhi files for bankruptcy
* Will Xi’s new economic plan for China trigger a new trade war?
* US payrolls rose more than forecast in December
* S&P 500 earnings growth is expected to slow to a crawl for Q4:
