A Mix of Economic Messages and Two Questions

The market provided mixed economic signals this week as U.S. retail sales weakened, inflation figures were tepid, manufacturing numbers exceeded expectations and initial jobless claims came in just below estimates. After ending last week at 2.90%, 10-year Treasury yields are sitting at 2.82% after sinking below 2.80%. Investors continue weighing whether the administration will move closer to U.S. trade protectionism. And while it seems to be a given that the Federal Reserve will increase its overnight lending rate next week, it remains an open question whether they will lift their expectations for the pace of future increases.

 

2018-03-19T21:59:19+00:00