The rise in US Treasury yields continued last week, and into yesterday, as markets enter a critical ten-day period. For now, the bond market is looking past the October payrolls…
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Markets are sniffing out a Trump victory on November 5th. The Real Clear Politics average of betting odds gives Trump a 60% chance of victory, closing in on the highs…
Treasury yields continued to climb this morning, as markets recalibrate the terminal rate, and the prospect of a second Trump presidency comes into view. The S&P 500 closed at a…
Treasury yields continued to climb last week, as traders reassessed the path for rates. The economy was far too strong to justify the degree of rate cuts that had been…
Treasury yields rose further after September’s payrolls report, and have more room to climb, as markets reassess the Fed’s terminal rate in the face of a strong labour market and…
The Japanese labour market remains very tight: this should continue to exert upward pressure on wage growth and JGB yields. Employment rebounded 250k in August to a record high of…
