conomics Focus - French general elections: a quick take

After a clear defeat of his party at the European elections, French President Emmanuel Macron has decided to dissolve the French Parliament and to call new general election to be held on 30 June and 7 July.

I just completed "XP Surge: Redstone" on Layer3 -

I just completed "XP Surge: Redstone" on Layer3 - https://app.layer3.xyz/quests/xp-surge-redstone

The US exceptionalism story was tested through the month of May, as many major US data releases came in below expectations. However, our view is that these disappointments have recalibrated sky-high expectations lower, but US outperformance is a theme that will last into Q3 of this year.

40 Years Ago, the Great Bond Bull Market Began. Is a Reverse in the Cards?

Zora

Treasuries rallied 4-6 bp across the curve on Thursday in a move that brought rates comfortably off the local peaks reached during the prior session. The price action began as a stabilizing bid overnight and was extended by an array of bond-friendly economic data.

Yerlan

@yerlan