Wall Street remained on the lookout for comments from policymakers.
The Federal Reserve typically cuts rates when the economy is heading for a recession.
Pent-up demand left over from the pandemic is keeping sticker prices high.
But he predicted that the rally would fade as the year goes on.
The market is anticipating a far more aggressive rate cuts than the Fed had indicated.
The consumer price index increased 3.4% in the year through December, the most in three months.
Sellers and buyers are finally seeing more opportunities to transact.
Policymakers are expected to leave interest rates steady when they meet this month and to cut later in the year.
Traders have also been piling into short-dated Treasury options to hedge against potential rising rates.
The SEC's X account was compromised by a fake post claiming that the agency had green lit plans for the ETFs.
With higher rates available on cash, investors now expect even higher returns from their investments.
Many market prognosticators were caught wrong-footed last year by predictions that the US stock market would bottom in 2023.
Public debt across has soared to more than 112% of GDP in the First World, and bond investors can't overlook soaring budget deficits.
The market believes interest rate cuts can be expected as soon as March.
The convertible bond market was a bright spot in U.S. equity capital markets last year.
For now, the worst-case scenarios appear to be the least likely.
A study of asset managers found the two firms consistently blocked green resolutions.
There's less pessimism around sales, earnings trends and economic expectations.
The former bond king just signaled he is now steering clear of Treasurys.
All major asset classes fell in the holiday-shortened week.