US job report: a test for the bond market
Equity markets continue to yo-yo: as expected, they rebounded in the US, but European markets adjusted on the previous day’s US decline. It seems that…
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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