Mixed messages but a clear one from bond yields
Friday 10th February 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe 2s10s curve inversion increased further today, now the most inverted since 1981. NAB’s Gavin Friend says the blowout jobs numbers and ISM services read were a shot across the bows last week that is still reverberating in the markets. In the UK though, Bank of England members were in front of a parliamentary committee giving mixed messages about their future direction, from inflation concerns to worries about going too far and worsening the cost of living crisis. Today the…
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