Bond yields bounce back; Trump’s bad hair day

President Trump has taken aim at just about everyone in the last 24 hours – Vietnam, Europe, Jerome Powell – but, as Phil Dobbie discusses with NAB’s David de Garis, there’s been less rhetoric directed at China. Does this mean a deal is close? Steve Mnuchin seems to think so. Meanwhile, more disappointing numbers from the US, with the release of the trade balance and durable goods orders. They also discuss yesterday’s RBNZ decision and Mark Carney’s revelation that interest rates in the UK will go up, or they’ll go down.

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