China bouncing back, BoE holding back, Treasuries kick higher
Thursday 2nd March 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been a session of mixed news overnight. US 10 year treasury yields have hit 4 percent as expectations continue to mount for higher rates for longer. In China the PMIs came in higher than expected. NAB’s Ken Crompton says we are seeing the same picture we saw in western economies as they came out of lockdown, with a faster bounce back than anticipated. In Australia the GDP data showed a softening of demand, but yields reacted to a rise in the monthly CPI number. In the UK the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.