Full reversal, for today
Thursday 20th October 2022NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s a very mixed day, but generally the reverse of yesterday. The US dollar has gained strength, bond yields have pushed higher and equities have fallen, despite some strong corporate earnings. NAB’s Taylor Nugent says we are back to worrying about inflation and central bank’s pursuing elevated interest rate paths. US 10 year yields reached a 14 year high overnight, as the Fed’s Neel Kashkari declared he had not seen any signs yet that inflation had peaked. Higher than…
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