Tuesday: Bond yields jump on strong US retail sales
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US Treasury yields rose after stronger retail sales data showed consumers are still spending. Oil fell as Middle East conflict fears eased. Dollar/Yen slid through 154 for the first time since 1990. Aussie and Kiwi dollars are down against a stronger USD.
In our bonus deep dive interview, ANZ Group Chief Economist Richard Yetsenga highlights the quiet achievements of Japan as it emerges from a period of shrinkanomics and the lessons it can teach others with declining populations.
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US Treasury yields and stocks fell overnight as weak manufacturing and construction data indicated monetary policy is reducing demand in the US; The Aussie and Kiwi are up as the US dollar fell. Oil fell 3.7% on supply news out of OPEC+. India’s Nifty 50 stocks index rose 3.3% after exit polls...
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In our bonus deep dive interview, ANZ Chief...
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