2nd January 2024
- US 10-Year Yield Is Ending 2023 Almost Exactly Where It Started
But it’s been a wild ride, with rates swinging from 3.25%-5%
Rate is finishing year around 3.9% after big two-month rally
https://blinks.bloomberg.com/news/stories/S6FZ83DWLU68
- Treasuries Post First Gain Since 2020 as Fed Pivot Gets Traction
Yields retreat from multiyear highs reached in October
Debt supply concerns ease as auction-size growth is pared
https://blinks.bloomberg.com/news/stories/S6DPHCT1UM0W
- Oil Advances as Iran Warship in Red Sea Ratchets Tensions Higher
Iran sends destroyer to waterway as US Navy sinks Houthi boats
Brent declined 10% last year in first annual drop since 2020
https://blinks.bloomberg.com/news/stories/S6MDT2T1UM0W
- US Consumer Debt Just Returning to Normal Levels, Bernstein Says
Biden adviser says Americans ‘in good shape’ on debt servicing
Rising after-tax income in 2023 will support spending, he says
https://blinks.bloomberg.com/news/stories/S6JCE2T0G1KW
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