Bouncebackability

NAB Morning Call · Dec 7, 2022 · 15m

Thursday 8th December 2022NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS bond yields fell further overnight as US wages data showed slower growth than anticipated, adding to hopes that the Fed won’t be as aggressive as they’ve been letting on when it comes to future hikes. NAB’s Gavin Friend says that does seem to be the mood of the moment. Whilst the Bank of Canada raised rates by 50 basis points – when many had considered 25 was likely – it was a dovish rise, with suggestions that they won’t be doing too much more. The RBA is moving in…