UK wages push Gilts-Bund spread to historic levels
Wednesday 17th December 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets were surprised overnight by the increased in UK wages. Alongside the weakness in European data lately, the yield spread between the UK and Germany is now at its highest level since the reunification of Germany in 1990. Other data was less surprising. US retail sales rose, but as much as many had anticipated. Canada’s inflation fell. Aussie consumer confidence was down a little, but not by much and after two months of solid growth. NAB’s Skye Masters talks through the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.