Financial Week in Review 4/8/22

Global equity index lower but remains in consolidation range.

Dollar broadly appreciates over the week.

New job postings on finds a bit of a bottom.

Food prices continue to rise but metals and energy level out. OPEC crude back to $100 a barrel.

US Treasury yields continue to rise across the board. Middle of the curve steepens slightly. Bank spread healthy. IG bond spreads tighten.

Inflation expectations appear to be consolidating.

Lots of selloffs and consolidations across equity sectors, but utilities and biotech look bullish.

In digital assets, BTC continues trending back towards $40k level.

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