Bond yields were already on the rise before Fed chairman Jerome Powell talked down the likelihood of any easing in bond purchases this year.
NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.
Consumption spending growth resumed in the week ending 9 January, up 4.1% on the same week last year.
An ensuing impeachment of the US President continues to be of little concern to the markets.
With yields rising there’s been a question mark over whether the appetite for treasury bonds is falling.
Some small short-term cost to growth due to shutdowns and border re-closures, but medium-term outlook remains brighter.
NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.
Bond yields continue to rise in the US as markets prepare for an expected multi-trillion dollar stimulus package from the President-elect.
A month ago, we remarked that it was hard to recall a month where AUD/USD made its low point on the first trading day of the month and its high on the last, as was the case in November.
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