1st July 2022

  • Ten-Year Treasury Yield Falls Below 3% as Recession Fears Mount

Bond market extends rally after US inflation, spending data

Moves accelerated amid thin liquidity, TD’s Newnaha says

https://blinks.bloomberg.com/news/stories/REBTSBT0G1KW

  • Economists Sour on US Outlook After Spending Stumbles

May outlays fell and gains in prior months were revised lower

Manufacturing surveys show contraction in business activity

https://blinks.bloomberg.com/news/stories/REAX1QT0G1KY

  • Oil Feels Sting of Recession Concerns With Third Weekly Retreat

US crude benchmark on course for longest losing run this year

Crude sags with commodities as OPEC+ rubber stamps supply hike

https://blinks.bloomberg.com/news/stories/REBTC4T1UM0X

  • Metals Cap Worst Quarter Since 2008 on Global Downturn Angst

The LME metals index drops 25% since the end of March

Tin led losses, with copper and aluminum also tumbling

https://blinks.bloomberg.com/news/stories/REB8WTT0AFB4

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.