President Trump’s comments and executive orders have roiled markets and investor expectations, but from the vantage of the Treasury market a relative calm prevails. This could change, of course, but for now key yields for government bonds are flat to slightly lower in recent days.
Daily Archives: February 5, 2025
Macro Briefing: 05 February 2025
US job openings fell to a three-month low in December. The downshift highlights an ongoing slide in openings, which suggests that the labor market’s expansion will continue to slow. The job-openings data “is consistent with the Fed’s view that the labor market is healthy enough to tolerate a more cautious approach to lowering rates, particularly given the uncertainty surrounding tariff policy, says Nancy Vanden Houten, lead U.S. economist at Oxford Economics.
