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The bond market remains a key driver of broader sentiment at the moment

Bonds are continuing to suffer a beating and it's not looking pretty. This is not a market that is too sensitive on inflation at the moment and it seems to be more of a supply-demand reaction. This is something Bill Ackman pointed to when he made his short bet earlier this month here.There was a mild pullback at the start of this month in 10-year yields back to the 4% mark but we are now seeing yields push up to 4.22% and that is the highest since November last year.The Fitch credit ratings cut... Read More

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Bond

Market

Remains

Driver

Broader

Sentiment

Moment

Forex

Posted: Aug 15 2023, 09:09

Author Name: forexlive

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