Bond yields keep rising, as positive economic data shows how much work has to be done by central banks. That’s why NAB’s Ken Crompton says softer jobs data tonight could see yields fall more than the response to a stronger set of numbers.
In the Thirties the Chicago Plan proposed that banks had no part in money creation. Good idea or bad? Me and @profstevekeen on this week’s Debunking Economics podcast https://podfollow.com/debunking-economics-the-podcast
A quiet session, with no bad news giving a refocus on the Fed and other central banks. JBWere’s Sally Auld says we shouldn’t discount further systematic uncertainty as rates rise. https://podfollow.com/nab-morning-call
