US data leads news flow

Apr 4, 2022 | Currency, Economy, Money Market

4.4.22 Another strong US employment report drove US short end rates higher on Friday, resulting in further curve flattening, seeing the 2s10s curve closing inverted for the first time this cycle, notes Jason Wong at BNZ Markets. “US equities remained unperturbed and closed modestly higher. Currency movements were modest Friday night, with the NZD ending […]

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US data leads news flow

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