We already believed the RBA cash rate was likely at a peak, even if RBA officials were less convinced. A deeper housing downturn and early signs of cracks in the consumer sector point to an even softer 2027. Fading inflation risks from oil also boost our conviction on rates being at a peak. It was […]
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A sharp hawkish repricing of Fed expectations has pushed the US two-year yield toward 5% resistance and dragged precious metals lower, but yields and the Dollar cannot explain silver’s whole slide. Whether yields break through Read more…
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