A look at the day ahead in U.S. and global markets from Mike Dolan
A logo is seen on the headquarters of Swiss bank UBS on Paradeplatz in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouse/File PhotoWorld markets have returned to levels of almost month ago as fears of an overheated U.S. economy abate even as corporate
That may seem like scant consolation to investors who at the start of the year had expected more than 100 basis points of cuts in 2024 - but it's taken the edge off restive bond markets that see another $125 billion of new Treasury coupons hit the Street again this week, starting with $58 billion of 3-year notes on Tuesday.
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