Oil prices climbed for the fifth day running on Friday. However, the break-even inflation rate for 10-year Treasuries rose by just four basis points last week and remains well down…
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Despite a heavy schedule for Treasury auctions, real yields have fallen over the past week or so. Indeed, the ten-year yield has dropped 13 bps since March 21, with real…
The three-year revision to GDP incorporated updated numbers from a variety of sources. Annual revisions pushed the y/y change for personal consumption up from an average of 2.9% to 3.1%…
Next month’s CPI data is perhaps more important than the payroll report. After four soft readings, another low print for the core CPI would be very hard to ignore. The…
Friday’s rebound in payrolls and Mr Macron’s strong showing on Sunday could help propel US equities and other markets to new highs. By contrast, Chinese regulators are tightening the screws. In…
South Korea’s equity markets hit new all-time highs on Monday. Samsung offers a clear example of how technology companies need to diversify to stay ahead. It also provides an insight…
