
‘America First’: Full Week Ahead Preview
Ok, well all eyes will be on the U.S. in the week ahead, with PCE, payrolls and the Fed on deck. Call it "America first".
The econ stateside comes hot on the heels of GDP and ECI, which both came in ahead of estimates and seem to clear the way for the Fed to stick to the proverbial script. We're coming off a week that saw 10Y yields cross the dreaded 3% threshold for the first time in four years, while short-end rates are the highest since the crisis. With Fed expectations supporting the dollar