US bonds on sale!! | MarketTalk: What’s up today? | Swissquote

Show notes

‘Additional evidence of persistently above-trend growth, or that tightness in the labour market is no longer easing, could put further progress on inflation at risk and could warrant further tightening of the monetary policy’ said the Federal Reserve (Fed) Chair Jerome Powell at the Economic Club of New York yesterday.
Along with a softer than expected US jobless claims report, the US 10-year yield jumped to 5% for the first time since 2007. The US dollar is surprisingly calm this week, the price of an ounce exceeded $1980 this morning, and the purchases should accelerate before the closing bell as investors will seek safety into a weekend that could bring more carnage in the Middle East and cude oil is above the $90pb level and has more to rise due to fear of supply disruptions in the Middle East. The dollar-yen is uncomfortably stable near the 150 psychological mark, as inflation in Japan came in higher-than-expected but fell to a year low, softening the Bank of Japan (BoJ) hawks’ hands.
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