Big falls in bond rates

Jul 29, 2022 | Currency, Economy, Money Market

Global bond rates have seen further big falls overnight after US Q2 GDP growth came in negative, putting the US into a ‘technical’ recession, says BNZ Market. The lower rates backdrop has supported equity markets, which have extended their post-FOMC rally, says Nick Smyth. “Currency moves have been reasonably modest except for the JPY, which […]

 


 

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