Markets Focus on Changing U.S. Interest Rate Expectations

Last week, markets continued to adjust to expectations of higher U.S. interest rates, keeping U.S. equities under pressure. Gold fell more than 3%, reaching its lowest level since August, while stronger-than-expected U.S. GDP growth helped keep long-term U.S. bond yields elevated. In Japan, the BOJ’s Summary of Opinions from its September monetary policy meeting highlighted […]

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