Markets Core bond yields initially extended gains after a sharp move on yesterday’s stronger-than-expected PMIs on either side of both the Atlantic and the Canal. German Bunds underperformed US Treasuries this time. French ECB Villeroy was acting spoilsport for the day though. He backtracked on his comments made end last week. Implicitly referring to an […]
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Usually, when you see Carnival cruise director Kyndall “Fire” Magyar, she’s in front of passengers, leading them in fun events. For Christmas, however, the Carnival Jubilee “Fun Ship” leader mixed her time between passengers and Read more…
Another quiet holiday week looms for financial markets. Manufacturing PMIs, including the US ISM, are the only highlight. But rising US yields and sliding yen may spark New Year’s fireworks. Manufacturing PMIs in the spotlight Read more…