Daily Market Commentary

April 7, 2021

Bonds & Stocks
The month's retreat in Treasury yields is temporary and tax negotiations among U.S. lawmakers may provide the next trigger for rates to run higher.

Economy
The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports running ahead of shipments to overseas customers. The gap in trade of both goods and services increased to $71.1 billion in February from a revised $67.8 billion a month earlier.

World
In 2020, China's efforts to lure foreign funds into its borders finally paid off. Investors from New York to London clamored for its stocks and bonds, cementing the nation's position on the global stage.

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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