A broad measure of US investment-grade bonds rallied to a new high last week as stocks around the world slumped, based on a set of exchange-traded products that track the major asset classes. The return of risk-off sentiment was fueled in part by Friday’s surprisingly weak report on US payrolls growth in February.
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Daily Archives: March 11, 2019
Macro Briefing: 11 March 2019
Boeing’s 737 Max jet may face global grounding after Ehtiopian crash: Bloomberg
Trump to ask Congress for $8.6 bill for border wall in budget proposal: Reuters
Iran’s president makes first visit to Iraq: ABC
German industrial output fell in Jan amid plunge in auto production: Reuters
UK government says Brexit talks deadlocked: Bloomberg
Fed Chairman Powell: the law says Trump can’t fire me: CNBC
US residential housing construction rose more than forecast in Jan: CNBC
Weak US jobs data for Feb suggests economic growth will slow in 2019: Bloomberg
Fed economic forecasts have overestimated US growth for a decade: NY Times