After flirting with an upside breakout for months, the US 10-year Treasury yield moved decisively to the upside in recent weeks and broke through a level that appeared to be a ceiling for much of the previous year.
Daily Archives: February 17, 2022
Macro Briefing: 17 February 2022
* US says Russia’s claims of of troop withdrawal from Ukraine border are “false”
* Cease-fire violations alleged by Ukraine and pro-Russian separatists
* Fed minutes indicate central bank set to move ahead on rate hikes
* US homebuilder sentiment eased again in February but remains at elevated level
* Strong increase in US import prices adds to inflation pressure in January
* US industrial output rose in January, well above expectations
* US retail sales surged in January, rebounding sharply after weak December:
