Capital Alert: October 11, 2018
Trade War and Rate Hikes Creating Angst |
| U.S. 10-year Treasury yields finally came in since their surge, dropping to 3.14% from last week’s high of 3.23%. While U.S. economic fundamentals remain strong, the market is dialing down global growth expectations in response to a burgeoning trade war. Against this backdrop, the Fed has been trimming its balance sheet and raising interest rates, helping to force a repricing of riskier assets. The market is full of anxiety! |
