Every corner of the US bond market has rallied year to date, led by intermediate Treasuries, based on a set of ETFs through Wednesday’s close (June 18). Several risk factors are lurking for the second half of the year, but fixed income looks set to score a win for the year when 2025 reaches the halfway mark in a few days.
Daily Archives: June 20, 2025
Macro Briefing: 20 June 2025
President Trump said he will he would decide within two weeks whether or not the US will become directly involved in the conflict between Israel and Iran. “Based on the fact that there is a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks,” Mr. Trump said in a statement read by the White House press secretary on Thursday. The price of Brent crude oil — a proxy for market sentiment regarding expectations for the Israel-Iran conflict — remains steady at the moment after running sharply higher in recent days.
