Similar to our own US yields have pulled back aggressively over recent months on waning belief towards improving economic growth. Our view is the next major swing will be up and we’re looking for a catalyst in the US to set these wheels in motion.
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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 looking to take exposure to rising US bond yields
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