US yields pushing well above 4 percent
Bond yields are pushing higher still. NAB’s Ray Attrill says a surprise in revised US wages data and higher European inflation are setting the direction.
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Friday 3rd March 2023
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Having pushed above 4 percent, US 10 year Treasury yields lurched higher still overnight, with yields up in Europe too and a sharper rise in Australian 10 year yields. NAB’s Ray Attrill says markets are responding to the revised Q4 numbers of US labour costs and productivity. Meanwhile European inflation was higher than expected yet it curiously wasn’t reflected in equities overnight. US Services ISM will be the key number to watch today.
Hosted on Acast. See acast.com/privacy for more information.