via a snapshot of bond flows and holdings indicators, extracted from a wider data set that represents $10 trillion of assets.
The PriceStats® section draws on data from Q3 price changes across millions of items sold by online retailers, helping investors to anticipate and evaluate the impact of inflation and exchange rate misalignments.
• The US Treasury markets sent the strongest signal this year that economic concerns exist. These concerns were not helped by the Fed’s first cut in over a decade.
• However, investors’ demand for investment grade, high yield and mortgage-backed exposures seems to suggest a slowdown rather than a recession.
• Online inflation – as measured by PriceStats® - in the eurozone has caught up with official data and both seem to be lower than the ECB would prefer.