Monthly Review
September 2024 – Bond Market Review
Recent economic data continues to suggest positive but below trend growth this year. Labor markets remain solid, and the U.S. consumer has demonstrated resiliency.
September 18, 2024
Recent economic data continues to suggest positive but below trend growth this year. Labor markets remain solid, and the U.S. consumer has demonstrated resiliency.
The market received key inflation data this week that will help inform the Fed’s rate decision on Wednesday.
The Treasury market is pricing in an aggressive monetary policy response to the softening but clearly not recessionary labor market backdrop.
