Weekly Market Recap - Friday, 16th February
FEB 16
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US equities ended mostly higher this week with the Russell 2000 again outperforming the S&P despite over 4% drawdown on Tuesday following hotter CPI print. Treasuries were weaker with some curve flattening. Dollar index was slightly up the greenback having strong performance on the yen cross. This week's focus was on CPI and PPI readings coming in hotter than expected lending support for the "higher for longer" Fed rate cut narrative and prompting some risk-off sentiment.

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