Markets UK gilt yields one again caught the attention today. They initially add another 6.5-10 bps following yesterday’s ugly CPI surprise which will almost certainly force the Bank of England into additional tightening. This time though, the long end of the curve joined the short end, which could mean markets have taken a less pessimistic […]
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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…