Chinese Markets Don’t Take Xi Jinping’s Third Term in Power Well

Markets The US yield curve turned less inverse at the 2-10 part last Friday with yields dropping 0.9 bps (10-yr) to 13.7 bps (2-yr). The very long end underperformed, still adding 10 bps (30-yr). A doji-like pattern is emerging in the US 10-yr yield with shorter tenors displaying more engulfing-style pictures. We admit that calling […]

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