Yields are sliding but US economic indicators are improving. Here's what's driving the bond market 'datapathy'

Yields are sliding but US economic indicators are improving. Here's what's driving the bond market 'datapathy'

That’s the question on the lips of bond traders who have seen Treasury yields slide despite a parade of impressive economic data since last week, highlighting the reflationary forces which in the first quarter struck fear into the hearts of the bond bulls.
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Bank of America optimistic it can put deposits to work in 2021

While the situation is pinching the Charlotte, N.C., banking giant’s net interest margin, executives said there are signs of life in its sprawling consumer lending business as vaccinations mount and economic momentum builds. And there is hope BofA can put …
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Bye, 35X: Tour of the concourse at Reagan National that will retire the dreaded gate

Next week’s soft opening of a new concourse at Reagan National Airport will provide creature comforts to air travelers — and end the suffering of passengers who looked at the departure board and realized they were flying out of Gate 35X. Starting April …
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Pine Rest says state erred by denying its 60-bed expansion request

GRAND RAPIDS, MI — Pine Rest Christian Mental Health Services says the state erred last month when it declined its application to provide 60 additional in-patient psychiatric beds at its Gaines Township headquarters and instead approved a competing …
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Fitch Affirms Indonesia at 'BBB'; Outlook Stable

Indonesia’s rating balances a favourable medium-term growth outlook and a still low, but rising, government debt/GDP ratio against a high dependence on external financing, low government revenue and lagging structural features compared with ‘BBB’ …
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