U.S. Treasury yields rose as concerns over Covid eased, with the Omicron variant seemingly less deadly than prior strains.
Global equities struggled to find their footing in the first week of 2022, as most major indexes lost ground.
U.S. Treasury yields declined as central banks in developed markets, including the U.S. Federal Reserve, moved to withdraw accommodation faster than previously signaled.
Global equities struggled last week as negative Omicron variant headlines and a hawkish shift by the Federal Reserve weighed on sentiment.
The U.S. Treasury yield curve steepened and spread sectors rallied strongly last week, as fears over the COVID-19 Omicron variant eased and inflation data came in-line with expectations.
Global equities rebounded last week thanks to strong data, policy and COVID-19-related headlines that either met or exceeded expectations.
The U.S. Treasury curve flattened sharply last week, as COVID-19 and economic growth concerns weighed on long-end yields and more hawkish Fed rhetoric supported front-end yields.
The spread of the newest COVID-19 variant, Omicron, resulted in a selloff in developed equity markets last week.
U.S. Treasury yields fell modestly last week despite strong economic data, as concerns around COVID-19 resurfaced with reports of potential lockdowns in several European countries.
Last week’s equity market activity reflected rapidly growing concern over possible economic restrictions associated with the latest wave of COVID-19, as growth and defensive stocks outperformed.
Hotter-than-expected inflation data took its toll on equity indexes within developed markets last week.