Daily Market Commentary

February 12, 2018

Bonds
Treasuries climb in early session as S&P futures pare gains and long end of the curve rallies; however, futures volumes are light despite aggressive flattening move.

Economy
The chief executive officer of the world’s biggest shipping company says curbs on immigration backed by the administration of President Donald Trump risk hurting the U.S. economy.

Global
The Bank of England will need a succession of interest rates increases in the next few years to stop the U.K. economy from running too hot, according to Gertjan Vlieghe.

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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