After taking a beating last year, US fixed income securities have clawed back some of the losses so far in 2023, based on a set of ETFs through yesterday’s close (Feb. 9). But with the Federal Reserve still intent on lifting interest rates to tame inflation, the outlook for bonds is still murky.
Daily Archives: February 10, 2023
Macro Briefing: 10 February 2023
* US looks set to further restrict tech exports to China after balloon incident
* Russia will cut oil output by 5% in response to West’s price cap
* UK economy stagnates in Q4
* China inflation edges higher as economy reopens
* Recession risk for US appears to be falling, analysts predict
* Will the rush into artificial intelligence be the next bubble on Wall Street?
* US Energy Dept. will loan $2 billion to battery recycling firm
* Yahoo reportedly will cut 20% of its staff this year
* US jobless claims remain low, but are rising again on a year-over-year basis:
