Financial Week in Review 3/18/22

Global equity markets rally on the week as FED hikes rates 25 bps and the war in Ukraine continues through it’s third week.

Dollar broadly sells off.

New job postings continue to sag.

Agricultural products, metals, and oil prices moderate, lumber sees a new spike. Renewable energy shows signs of life as well.

US yield curve moves higher on the week nearly across the board, but 2-10 spread drops lower. Consumer rates continue ascent. IG spreads widen further.

Inflation expectations level out for now.

Most equity sectors move higher as general risk sentiment improves. REIT index shows least recovery.

In crypto, BTC kicks back above $40k.

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