Bond yields up. NAB’s Tapas Strickland says it started in Germany with expectations that there will be no bazooka from the ECB this week.
US CPI numbers came in much higher than expected, with a swift market reaction. NAB’s David de Garis says the bond market reaction has been mature, but you could argue that the equity market has overreacted. Listen to why: https://t.co/UbdAjb9zja