Market Comment | US yields surge on strong economic data and hawkish Fed

Summary

  US yields increased sharply, with the 10Y yield reaching a 7-year high of 3.2%, spurring higher government yields across the board, on the back of strong economic data in the US, and hawkish comments from the Fed’s chairman, which showed a sanguine view about the US economic outlook. A solid labour report (see) and […]

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