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Weekly Commentary | March 21, 2021
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Weekly Commentary | March 21, 2021

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Yield Hunting
Mar 26, 2021
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Weekly Commentary | March 21, 2021
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Macro Picture

Equity indices hit fresh record highs early last week but lost ground as interest rates moved higher again.  The 10-yr yield reached 1.75%, the highest levels in over a year.  Energy stocks fell sharply as oil prices fell hard, driven by rising US inventories.  Small caps fell the most giving back some of its leadership in year-to-date retu…

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