TRA Macro Tracking Index

Yields up and the dollar is down in a what appears to be another challenging start to the week for credit markets. More conflict in the Middle East with Saudi energy infrastructure at higher risks, helping drive oil higher. Markets are keenly watching the Fed's signals for rate policy later this month, and now there is an increased focus on increasing U.S. tax revenues following decades of mostly cuts.

Stay tuned as we track this short week's updates!