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!

 

2018-10-12T17:14:43+00:00