This week’s report contains an update on the Treasury curve’s recent bear-steepening trend and a look at different measures of long-maturity Treasury valuation.
The 10-year US Treasury yield briefly moved above 5% earlier this week before dipping back down. While we can’t rule out another jump back above 5% in the coming weeks, the recent bond selloff has created a good deal of…
Results of the ECB's Q3 Bank Lending Survey indicate that the impact of tight monetary policy is weighing down on lending conditions and loan demand in the Euro Area. In terms of credit standards, the survey results reveal…
The flash PMI estimates from S&P Global delivered a mixed message about economic conditions across DM economies in October. The Eurozone composite index unexpectedly fell from 47.2 to a nearly three-year low of 46.5 on the…
In this insight, we look at whether the recent data justifies a shift by the BoC, and some potential trades.
In this insight, we look at whether the recent data justifies a shift by the BoC, and some potential trades.
BCA Research’s US Investment Strategy service studied the SIFIs’ earnings calls for insights into borrower performance, lender willingness, liquidity and the actions and intentions of households and businesses.…
This year's rally in US equities has for the most part been narrow in breadth. The 19.5% increase in the S&P 500's price index in the first seven months of the year exceeds the equal weighted index's 9.5% gain…
The European Commission's preliminary release for Consumer Confidence painted a murky picture for consumer sentiment on Monday. The headline print of -17.9 was largely unchanged from the previous month's print of -17.8,…