Episode Details
Back to EpisodesFriday: US 10-year nudges 5% as Powell speaks
Published 2 years, 5 months ago
Description
The US 10-year Treasury bond yield nudged 5% this morning after Jerome Powell reaffirmed the Fed was finding higher bond yields useful in fighting inflation.
In our bonus deep-dive interview, ANZ’s Senior Asia Strategist Zhaopeng Xing points to the ‘lipstick effect’ that held back retail sales during China’s Golden Week.
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