Greetings,
United States: The risk of a technical default remains priced into the Treasury curve, which is inverted at the short end.

Eurozone: Capital Economics expects surging natural gas prices to bring the headline CPI to 4% this year.

China: Financing for developers has been tightening (2 charts).


Emerging Markets: Which countries are most vulnerable to a slowdown in China?

Equities: Rising bond yields pressured stocks on Tuesday, with growth stocks underperforming

Food for Thought: Largest beef exporters:

Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.