Marked divergence in US and UK yields from euro-zone likely over the next few years
UST yields have rebounded over the past few weeks, although the greater increase at the long-end of the curve suggests that this reflects a rise in the term premium as much as an increase in rate expectations. Furthermor…
UST yields have rebounded over the past few weeks, although the greater increase at the long-end of the curve suggests that this reflects a rise in the term premium as much as an increase in rate expectations.
Furthermore, US and UK yields have now broken decisively away from euro-zone yields.
Capital Economics notes in a report on Wednesday:
We anticipate an even more marked divergence over the next few years, as the Fed returns US policy to normality, while deep-rooted economic and financial problems in the euro area keep yields there low.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
