The sharp drop in Treasury yields in recent days has revived chatter that the worst for the bond market may be over. It’s still early to confidently forecast that scenario, but the odds for recovery are looking better these days after a two-year bear market for much of the asset class following the start of Federal Reserve rate hikes in early 2022.
Daily Archives: June 6, 2024
Macro Briefing: 6 June 2024
* Financial distress in commercial real estate continues to rise
* New solar generation capacity installations in US rose to record high in Q1
* Nvidia overtakes Apple to become 2nd largest public firm in US
* US firms trim hiring in May to slowest rise since January, ADP reports
* US ISM Services Index rebounds sharply in May to 9-month high:
