Is this the calm before the storm? Or has the danger passed? The bond market is focused on news and data in the days and weeks ahead that will provide context for answering these key questions. Meanwhile, Treasury yields have taken a break from the sharp upswing that’s dominated trading in recent months. In short, a wary calm prevails.
Daily Archives: January 23, 2025
Macro Briefing: 23 January 2025
The US Leading Economic Index edged lower in December, but the 6- and 12-month growth rates “were less negative, signaling fewer headwinds to US economic activity ahead,” reports the Conference Board. “Nonetheless, we expect growth momentum to remain strong to start the year and US real GDP to expand by 2.3% in 2025.”
