Day: 4 March 2021

Powell gives no answers, bond yields climb again

Bond yields are on the rise in the US and Australia. NAB’s David de Garis says, in both cases, it’s been disappointment in the central banks for not doing more to keep control. Inflation fears have been fuelled further by OPEC+ failing to ease production cuts and sending prices higher.

Carry on furloughing

Today John Ashcroft joins me to go through yesterday’s budget – the good, the bad and the ugly. The good is the continuance of furlough, but how long before poorer households realise their taxes are going up?

Scroll to top