One of the most important things we're watching is the US10 year bond yield which fell well below 3% on Friday and is now trading at around 2.9%. This is well off the peak level in the mid 3% range. It implies growth expectations are falling. We're not surprised.
Flashnote: Rates rising but end in sight
Flashnote: Rates rising but end in sight
Flashnote: Rates rising but end in sight
One of the most important things we're watching is the US10 year bond yield which fell well below 3% on Friday and is now trading at around 2.9%. This is well off the peak level in the mid 3% range. It implies growth expectations are falling. We're not surprised.