U.S. stocks set for weekly gain as bonds pause declines - BNN Bloomberg

Bonds halted declines.

“Equity markets now look to be responding more to the brightening growth outlook, which means they are likely in a better place to absorb the prospect of an extra 50bp or more in terminal rates,” Barclays Plc strategists led by Emmanuel Cau wrote in a note. “The rates-equity-growth paradigm of last year may be changing.”

And March’s rebound looks tentative in a market with little conviction and where investors are taking cover from an onslaught of rate increases. Cash funds attracted inflows of US$68 billion in the week through March 1, according to a Bank of America note citing EPFR Global data.

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