Treasury yields hit year highs on creeping doubts about Fed easing
Tuesday 9th April 2024
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10 year Treasury yields hit a year to date high overnight as markets continue to push back expectations for the number and timing of FOMC cuts this year. NAB\u2019s Ray Attrill says the Fed\u2019s Goolsbee described the US economy as being in a normal boom-time \u2013 not the environment for cuts. But there are signs that other parts of the world might be recovering a little faster. Een Europe is showing signs of a recovery. At home yesterday\u2019s housing finance was stronger than expected, another factor that could delay the RBA. Today the NFIB small business survey is out, but ray says the key small business number is already out. Listen in for more.
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