FYI: Utilities have surged over the past week as the long end of the US yield curve has rallied despite rising expectations for a March rate hike (which now stand at about 2:1 in favor per Fed Funds futures contracts). Silver, Biotech, Long Bonds, and Natural Gas (recovering from a brutal winter) have all rallied. Gold miners have plunged while miners, steel producers, Brazil, and Russia are down the most over the last week among ETFs we track.
Regards,
Ted
https://www.bespokepremium.com/etf-trends/etf-trends-us-indices-styles-22816/
