Greetings,
United States: The 2yr Treasury yield is nearing pre-COVID levels, …
… as the yield curve keeps flattening (2 charts).
United Kingdom: The BoE sharply boosted its inflation forecast for the next two years.
But the three-year projection was moved lower (rapid rate hikes are expected to slow growth and inflation).
Eurozone: Rate volatility has been surging.
Commodities: Here is a look at commodity returns during past rate hike cycles.
Equities: S&P futures liquidity has been deteriorating.
Food for Thought: Super Bowl titles by a quarterback:
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com