Treasuries trimmed their rally as US stocks held modest gains, with the 10-year yield around 3.77%. Recent inflation data indicated a cooling economy, reinforcing expectations for continued rate cuts by the Federal Reserve, while consumer sentiment reached a five-month high. Despite signs of a soft landing, caution remains as forward-looking indicators raise concerns. Japan’s yen strengthened following Shigeru Ishiba’s leadership win, signaling support for gradual rate hikes by the Bank of Japan.
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0 posts last weekShould Investors Stay on the U.S. Stock Market’s Fast Track?
Investors are debating whether to stay on the U.S. stock market’s upward trend or hop off, as the market continues to soar. Some are concerned about the market’s high valuations and the potential for a decline, while others are still optimistic about the U.S. megacaps. With the first-quarter earnings season approaching, investors are treading carefully in this delicate phase.
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