Day: 10 March 2021

Low US inflation, Lowe’s go slow, China borrows to grow

Low US inflation numbers was the story of the day, says NAB’s Gavin Friend, helping bond yields retreat and helping cyclical stocks rise. Aussie yields were down more because of the very dovish stance taken by the RBA’s Philip Lowe yesterday.

What are bond yields and why they matter

This morning @PaulKavanagh1 and I try to explain how bond yields work and why they’ve driven central banks into buying more and more of them. Plus, that @piersmorgan exit.

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