The bond market has struggled to fully recover from the Federal Reserve’s aggressive run of interest-rate hikes in 2022-2023, but pockets of strength remain conspicuous. Within the fixed-income space a degree of relative resilience persists for floating-rate securities, low-rated loan securities and junk bonds, based on year-to-date performance via a set of ETFs through Tuesday’s close (Mar. 26).
Daily Archives: March 27, 2024
Macro Briefing: 27 March 2024
* US CPI inflation to stay above 3% through mid-year, predicts Garda’s Magnusson
* China’s Xi meets US executives amid US-China tensions
* China industrial profits rebound in first two months of 2024
* The decades-long expansion of US businesses in China is stalling
* US home prices continue to rise at robust year-over-year pace in January
* US Consumer Confidence Index edges up in March, holding in middling range
* Durable goods orders rebound in Feb, including this business-investment proxy:
