Markets In A Dither Over Higher Bond Yields, The AI Trade And Energy-Driven Inflation Worries Again!

This is our weekly market update, where we start in the US, cross to Europe and Asia and end in Australia, covering commodities and crypto along the way. More turbulence this week, as traders wrestled with the continued run up in Bond yields. The benchmark US 10-year rose another 1.85% across the week to 5.276%, while the 30-year was up to 5.63%. The UK 30-year touched 6%, a long term high before easing back, the Japan 10-year stood at 3.088% and the Aussie 10-year was at 5.328% having pulled back a little after the RBA press conference. Several analysts are now […]