The latest perspective on the bond market from the Schwab Center for Financial Research, including a deep-dive on corporate and municipal bond markets.
Investors await job openings and ADP employment data, but worries about geopolitics, including Greenland and Venezuela, remain in the mix after Tuesday's rally to new record highs.
After yesterday's record highs, stocks eased early today as investors monitored geopolitics and turned to jobs data. ADP employment was light at 41,000, and job openings are next.
Wall Street responded positively Monday to weekend U.S. strikes on Venezuela. Focus could stay on developments there and in oil today before jobs data start rolling in tomorrow.
The capture of Venezuelan President Maduro has been digested well by global markets, which is in keeping with 2025’s theme of massive volatility and solid index-level returns.
Ahead of Friday's jobs report, investors might focus on the U.S. action against Venezuela and a tech industry meeting featuring Nvidia's CEO. Manufacturing data are due today, but earnings are sparse.
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