Capital Markets Remain Unhinged
Marc Chandler
July 08, 2021
Overview: The dramatic move in the capital markets continues. The US dollar is soaring as yields and equities slide. The US 10-year yield has fallen below 1.30 to 1.26% European benchmark yields are 1-4 bp lower, while Australia and New Zealand have seen a 7-9 bp drop today. Signals that the PBOC may provide more monetary support helped drive …
Capital Markets Remain Unhinged
Reviewed by Marc Chandler
on
July 08, 2021
Rating:
