Capital Alert: September 6, 2018
Stability Fostered by Uncertainty
|
| The market has taken on a risk-off mood as the administration considers escalating the trade war. Investors worry that rising trade tensions threatening long-established world trade patterns could escalate the disruption of what is now a limited number of company supply chains. This week’s yet-to-be-released U.S. payroll report will offer clues on the labor market’s health and the state of wage inflation. For now, money is flowing into the safety of U.S. Treasuries, dropping yields on the 10-year a few basis points to 2.88%. For now, global tensions are supporting a stable interest rate environment. |
