US bond yields edged higher overnight with the longer dated names exhibiting more underlying strength as the 2-years surrendered most of their early gains – we believe this yield curve move will continue for a while.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is bullish US bond yields into 2022
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