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The Weekly Bottom Line: Quiet End to a Volatile Quarter

The last week of the first quarter was relatively quiet as markets continued to digest last week’s Federal Reserve decision and the potential implications of regional bank stress on credit conditions. In terms of economic data, we received updates on housing, consumption, and inflation. Equity markets drifted higher on the week, with the S&P 500 up 2.5%, while the 2-year Treasury yield rose by roughly 30 basis-points (bps) to sit at 4.1% as of the time of writing – still about 90bps belo...
United States Neel Kashkari Federal Reserve Quiet End Minneapolis Fed President Neel Reiterating Chair Powell

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