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  • Economic Activity Accelerates Heading into Spring
    Key Observations March was another strong month for risk assets, particularly in the U.S. as vaccine manufacturing and distribution ramped up.Loosening COVID restrictions coupled with the new $1.9 trillion stimulus bill supported increased business activity…
  • Treasury Volatility Returns as Stocks Advance
    Treasury yields surge while equity prices climb higher amid consumer strength. Key Observations The Treasury curve steepened during the month with a sharp rise in the 10-year and 30-year yields, pushing both to pre-pandemic levels.Equities…

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