Sticky inflation risk is still a threat for the bond market, but concern that the US economy is slowing has become the main factor driving Treasury yields lower recently.
Daily Archives: February 28, 2025
Macro Briefing: 28 February 2025
US jobless claims rose more than expected last week, rising to highest level since December. Although the rise leaves claims far below a level that suggests elevated recession risk, some economists see the increase as a sign that the labor market is slowing.