16th February 2023

  • Bond Market Selloff Resumes After Strong Retail Sales Data

Two- to five-year Treasury yields reach new 2023 highs

Two-year exceeds 10-year by more than 91 basis points

https://blinks.bloomberg.com/news/stories/RQ5364DWX2PT

  • US Economy Keeps Charging Ahead, Adding Pressure on Fed to Hike

Retail sales, manufacturing data show strong demand for goods

Homebuilder sentiment also rose again after year-long decline

https://blinks.bloomberg.com/news/stories/RQ4MAVT1UM0W

  • Biden-McCarthy Budget Challenge Worsens on New CBO Estimates

CBO estimate of US debt grows to $52 trillion by 2033

Debt limit must be raised by as soon as July, CBO says

https://blinks.bloomberg.com/news/stories/RQ52OFDWRGG9

  • US Treasury Risks Payment Default as Soon as July, CBO Says

Congressional Budget Office releases ‘X-date’ estimate

Treasury Department hit federal debt limit last month

https://blinks.bloomberg.com/news/stories/RQ532XDWLU68

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