Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
Summary: Equities suffered a weak session in the US yesterday, with the selling most concentrated in the big tech and more speculative names. Indeed, highly speculative assets, from Tesla to Bitcoin and other crypto currencies were in for a rough ride, in part as US Treasury Secretary Yellen touted a digital US dollar and criticized Bitcoin as inefficient. The mood improved again overnight in equities, and commodities continued their broad advance.
What is our trading focus?
What is going on?
What are we watching next?
Earnings releases to watch this week – with HSBC having reported their earnings in Asian time with a positive reaction the market is now awaiting Square (aft-mkt) and Home Depot (bef-mkt) to report today.
Economic Calendar Highlights for today (times GMT)
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