After a week of insignificant data releases 10-Yr yields end close to unchanged (2.758) and the 2-10 spread tighter at 14 (curve flattened). Wednesday’s ECB statement took on a dovish tone as it highlighted that risks to growth have now moved to the downside. Those statements come one week before the first ever post FOMC… Read more »
Secondary Markets Commentary
Secondary Markets Commentary – Week of January 21, 2019
The bond market’s New Year’s resolution of not giving into stock pressure has not yet come to fruition, as yields continue to follow stocks lead. The partial government shutdown has been going on for over a month with no definitive ending in site. US international trade relations have been shaky but recent headlines have markets… Read more »