Bond yields slightly up before Jackson Hole
US equity markets hit new highs yesterday, but futures flipped and Asian markets fell instead. The dollar is fairly stable around 1.1750, but bond yields…
On the strength of the success of the vaccination campaign in the UK and the effects of containment, Boris Johnson will present today a crisis exit plan that everyone hopes will be definitive. Bond yields keep on rising, the US 10y nearing 1.4% now, while copper prices have reached a 9-year high. The EUR/USD is rather stable, above 1.21.
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