Greetings,
The United States: Longer-dated Treasury yields continued to rise amid recession concerns—which could pressure the federal government’s fiscal position—and declining foreign demand. The sharp selloff in Treasuries could drive up US borrowing costs, strain credit markets, and impact the housing sector.
Europe: French manufacturing production climbed in February.
Emerging Markets: Turkey’s inflation continues to moderate.
Cryptocurrency: Bitcoin has entered a death cross.
Commodities: Iron ore futures are tumbling.
Equities: Someone has thrown a Hail Mary pass.
Food for Thought: Americans’ views on the deportation of immigrants living in the country illegally:
Edited by Josh Oldmixon
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