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Monthly Market Overview - March 2018


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In February the US equity market continued to recover following a nearly 10% correction. Daily volatility remains elevated amid questions of whether the steel and aluminum tariffs and the resignation of Gary Cohn are the beginning of a larger protectionist agenda by the administration. US yields were higher by 11-20 basis points over the month as a result of stimulus and significantly higher anticipated net new supply of Treasuries.

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