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b'Tuesday 29th March 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9There\\u2019s continued volatility in US bond markets, with significant flattening of the yield curves. Is this flagging a future recession? NAB\\u2019s Rodrigo Catril says the direction of travel is looking that way, although it\\u2019s too early to tell. But the rise in 2-year yields shows that markets are expecting a more aggressive stance by the Fed, whereas in the UK yields are falling after the Bank of England\\u2019s Andrew Bailey indicated a less aggressive stance on rates given the cost of living squeeze the country is facing. Also today, how the Bank of Japan is tackling rising bond yields, the reasons behind today\\u2019s sharp fall in oil, what will Australia\\u2019s retail numbers show today, and what to expect from today\\u2019s budget (beyond what has already been made known).

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