Greetings,
The United States: Treasury yields continue to decline, with the market now fully pricing in three Fed rate cuts this year.
Canada: Manufacturers are rapidly scaling back with cost pressures rising.
Emerging Markets: Mexico’s factory activity slowed in February as export orders tumbled amid tariff jitters.
Cryptocurrencies: Crypto funds saw significant outflows last week.
Commodities: Lumber futures are surging.
Credit: Investment-grade bond yield volatility has been lower than Treasury yield volatility.
Food for Thought: New York City mayoral poll:
Edited by William Villacis
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