Chinese manufacturing outperforms expectations

Asian stocks retreated as US bond yields continued their upward trajectory, with the 10Y Treasury note solidified at a 1.73% yield, discounting future cash flows for growth stocks. The Eurodollar’s weakening continues, at 1.707 while the Yen depreciated by 0.5%.

Share this news :

You might also read :

September 24, 2021

Return of the reflation trade?

Rising equities, the second biggest rise of the year in bond yields and a falling dollar seem to suggest that it was more optimism about global growth…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

🏆 You like our solution ?

Vote for us at the 2024 Energy Risk Commodity Rankings, in the Research category!

Thanks in advance.

Don’t have an account yet?