Rates May Still Be Heading Much Higher

From Investing.com: 2025-02-16 23:56:00

This week, the market will be closed on Monday for Presidents’ Day. Expect more activity by Wednesday, with Flash PMI data and University of Michigan sentiment on Thursday. Friday brings Flash PMI data from S&P Global and final University of Michigan sentiment for February. Inflation expectations remain elevated around 3%, with the market monitoring factors like inflation swaps, commodity prices, and interest rates. Equity markets face options expiration week, with S&P 500 levels to watch. Implied volatility and correlation indexes suggest a range-bound equity market, while longer-dated interest rates may continue rising.



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