Inflation concerns continue to lurk, but the US bond market is holding on to its rally so far this year, based on a set of ETFs through Wednesday’s close (Feb. 19).
Daily Archives: February 20, 2025
Macro Briefing: 20 February 2025
US housing starts fell more than expected in January, in part due to disruptions from snowstorms and freezing temperatures. “The outlook for more homebuilding is cloudy and gray as import tariffs are likely to push up building costs in the months to come, and homebuyers report the higher cost of borrowing is holding them back from being able to afford and purchase a new home,” says Christopher Rupkey, chief economist at FWDBONDS.
