Daily Market Commentary

May 5, 2021

Bonds & Stocks
The U.S. Treasury kept its quarterly auction of long-term debt, planned for next week, at a record size to help fund the government's continuing wave of stimulus spending.

Economy
U.S. inflation is unlikely to get out of control despite the unprecedented government spending that's been authorized in response to the coronavirus pandemic, Federal Reserve Bank of Chicago President Charles Evans said.

World
Colombia is determined to cut its fiscal deficit and defend its investment grade credit rating, the nation's new finance minister said.

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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