WS #16608
The US Treasury Department announced a new Series I bond rate of 5.51% for the next six months, offering attractive inflation-protected returns for retail investors. Meanwhile, Canada's Q3 GDP growth tracked at 1.3% annualized, falling short of the Bank of Canada's 2% forecast, signaling economic softness in key North American markets. In equities, S&P 500 market breadth is improving, suggesting a healthier rally beyond mega-cap tech, although broader macro growth concerns persist.
Macro Economic Indicators
The US Treasury Department announced a new Series I bond rate of 5.51% for the next six months, offering attractive inflation-protected returns for retail investors. Meanwhile, Canada's Q3 GDP growth tracked at 1.3% annualized, falling short of the Bank of Canada's 2% forecast, signaling economic softness in key North American markets. In equities, S&P 500 market breadth is improving, suggesting a healthier rally beyond mega-cap tech, although broader macro growth concerns persist.