Daily Market Commentary

April 12, 2021

Bonds & Stocks
The yield on 10-year Treasuries ticked higher before a round of auctions that will be widely watched for their potential to extend the rate surge that's shaken stocks to commodities to emerging markets this year.

Federal Reserve Chair Jerome Powell said the U.S. economy is at an "inflection point" with stronger growth and hiring ahead thanks to rising vaccinations and powerful policy support, but Covid-19 remains a threat.

Last week, the U.K.'s opposition Labour Party broke its three-month silence over Brexit to accuse the government of hiding evidence by not publishing an economic impact assessment.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

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