Daily Market Commentary

April 8, 2021

Bonds & Stocks
This 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
Applications for U.S. state unemployment insurance unexpectedly rose for a second week, underscoring the uneven nature of the labor market recovery.

World
President Joe Biden is confronting an influx of migrants at the southern U.S. border without permanent leaders at key agencies that oversee immigration enforcement and shelters, threatening to hamper the administration’s response to a growing crisis.

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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