Greetings,
United States: Mortgage rates are grinding higher, …

… boosted by rising MBS yields.

Eurozone: Here is the composition of the ECB’s balance sheet growth, …

… which is pushing excess reserves to new records.

Asia-Pacific: Japanese bank shares have outperformed sharply in recent weeks.

Energy: Higher oil prices would boost energy sector earnings.

Rates: Yields climbed the most in the intermediate maturities last week.

Food For Thought: US federal spending and revenues:

Edited by Daniel Moskovits
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