Last year’s famine has turned to feast in the bond market in 2023 as the riskiest slice of fixed income tops year-to-date results through yesterday’s close (May 17), based on a set of proxy ETFs.
Daily Archives: May 18, 2023
Macro Briefing: 18 May 2023
* Biden says he’s “confident” US won’t default from debt-ceiling impasse
* G7 meeting in Tokyo will focus on Ukraine
* World’s largest semiconductor makers plan to expand in Japan
* China’s loans leave world’s poorest countries near brink of collapse
* Japan imports fall for first time in two years
* Global debt grew in first quarter to near-record high of $305 trillion
* Amazon Web Services announces plan for large investment in India
* US housing starts rise in April — gain suggests market is stabilizing: