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Daily Market Commentary

June 2025

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June 2025

June 5, 2025

Following the recent Treasury rally, bonds barely budged. An unexpected jump in jobless claims reinforced speculation the Federal Reserve will cut rates at least twice this year, with swap traders pricing the first move in September. The dollar fell.

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June 4, 2025

Bond yields fell across curve after data showed hiring decelerated to the slowest pace in two years. The dollar slipped. The S&P 500 edged up.

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June 3, 2025

Equities barely budged, with the S&P 500 wavering after the OECD slashed its global forecasts, saying combative tariff policies have tipped the world economy into a downturn.

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June 2, 2025

Wall Street kicked off the week on the back foot, with stocks, bonds and the dollar falling amid renewed trade tensions and geopolitical uncertainties.

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