LPL: Where Have All The (Duration) Buyers Gone?
It has seemingly been a one-way move higher in longer-term interest rates in May, with the 30-year U.S. Treasury yield above 5% again and higher by 0.36% this month alone. Additionally, the 10-year U.S. Treasury yield breached 4.5%, up 0.35% in May alone. The reasons for the sell-off are many: elevated inflation expectations, a Federal […]
Visual Capitalist: U.S. And China’s Combined GDP Equals 184 Countries
Key Takeaways The two largest economies have a combined GDP that equals almost the entire rest of world’s. The U.S. and Chinese economies together amount to $50 trillion. The entire rest of the world—excluding Germany, Japan, and India—also has an economic output of $50 trillion. The U.S. and China are in the midst of their […]
John Hancock: Weekly Market Recap Week Ended May 30
May’s rebound After a volatile and mostly negative April, the major U.S. stock indexes generated strongly positive results in May. The NASDAQ finished about 9.6% higher for the month while the S&P 500 gained 6.2% and the Dow added 3.9%. Information technology stocks led the broader market, with the S&P 500’s tech sector up more […]