Monthly Review
May 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.
May 17, 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.
Inflation data was the market’s focus this week after a string of hotter than expected data points so far this year.
The market embraced a relatively calmer tone this week amid light economic data.
