Yields rise over expected Fed delays
Wednesday 3rd April 2024
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Bond yields continued to rise in the US overnight, with Europe playing catch-up as it returns from a long Easter weekend. NAB\u2019s Ken Crompton talks through the adjustment markets are making to their rate cut expectations from the Fed. European bonds also rose even though today\u2019s Eurozone inflation number could be lower than expected. There\u2019s also discussion of the RBA minutes, which seem a little more hawkish than the tone set in the statement and press conference.
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