What does Joe Terranova make of the March FOMC minutes released yesterday?
Consider correlation within fixed income when interest rates rise.
This past Friday the Labor Department released the nonfarm payroll report for March.
The second quarter began with the U.S. ISM manufacturing release for the month of March (Figure 1). Consensus estimates called for an increase to 54.0 from February’s 53.2.
Past performance is not a guarantee of future results.
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