Not a ton of movement in global equities, though the S & P 500 ends up above 3200, and we do see a slight positive trend in most markets.
In the US, initial claims remain around the 1.3 million mark, another slowdown in the rate of decline. CPI does reverse course as we see rising price levels in June.
The US Federal budget deficit improved slightly in May, but spending excess still exceeds pre-pandemic levels.
US real estate loans continue to increase, perhaps as consumers take advantage of the historically low rates.
Federal Reserve Assets stay relatively static though foreign holdings continue to increase.
Credit spreads seemed to have tightened to pre-pandemic levels and are resting comfortably, though there is still a premium between risk classes.
Though individual yield curves haven’t seem to shifted much, attractiveness of the US yield curve decreases somewhat over the week.