Week of May 7th – May 11th , 2018
Caprin’s Trading Desk evaluates the Macro and Muni markets weekly and produces valuable information and advice for you and your clients’ fixed income portfolios.
Commentary
US Treasury yields continued to trade in tight ranges on the week despite an active economic release calendar. The 10yr UST has now remained within an 8bp window since mid-April as market participants seem confident that a modest inflation landscape will persist for now.
· The Consumer Price Index (CPI) dominated the headlines last week and did little to support the bond bears. Data showed a slight softening trend versus earlier this year as core prices increased by only 0.1% in April. Keeping yields from moving lower on this news was yet another… Read More
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