Financial Week in Review 4/1/22

Global equity index ranges since the March 18th bounce back. SP500 closes lower than start of week and commodity economies pause as well.

Dollar weakens slightly over week, though most covered currencies pairs are ranging at the moment.

US job posting levels continue to decline into tax season.

Commodity prices continue consolidating as well.

Front end of US Treasury curve continues to steepen, while the middle section begins inversion. Front vs middle spread remains robust.

Investment grade spreads tighten.

Inflation expectations drift lower, influenced by rate hikes.

Most equity sectors showing slight weakness. Utility outperformance continues. Transportation and logistics sell off along with construction, which is dropping below recent index lows.

BTC breaks out beyond $45k level.

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