Further repricing in bond yields. NAB’s Rodrigo Catril says it’s a mix of expectations that the ECB will not relaunch QE this week and the German government will not add stimulus.
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