US yields pushing well above 4 percent
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Friday 3rd March 2023
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Having pushed above 4 percent, US 10 year Treasury yields lurched higher still overnight, with yields up in Europe too and a sharper rise in Australian 10 year yields. NAB\\u2019s Ray Attrill says markets are responding to the revised Q4 numbers of US labour costs and productivity. Meanwhile European inflation was higher than expected yet it curiously wasn\\u2019t reflected in equities overnight. US Services ISM will be the key number to watch today.
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