Greetings,
The United States: Treasury yields have declined in recent days, particularly in the “belly” of the curve.
Japan: Export growth was disappointing last month.
China: China’s labour-intensive manufacturing sectors have seen broad-based declines in employment since around 2015, with textiles, clothing, and fur products experiencing the steepest drops.
Cryptocurrency: So far, it has been a mixed week for cryptos, with Solana (SOL) outperforming and Ether (ETH) underperforming top peers.
Equities: The stock market continues to price in stagflationary risks.
Rates: Investors flocked to T-bills and intermediate-term Treasuries during the recent risk-off period.
Food for Thought: Leisure reading frequency among US teenagers since 1984:
Edited by Abraham Lent
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