Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
Chief Macro Strategist
Summary: The major US equity indices snapped back higher to close at fresh records, with the broader market also participating as small caps stocks erased the weak session from Monday. European equities closed mostly unchanged yesterday after a choppy session but may take heart this morning from the euro backing well off new highs yesterday against the US dollar.
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