Relentless rise in global rates

Oct 21, 2022 | Currency, Economy, Money Market

Market moves overnight have been a little more subdued by recent standards, but the relentless upward trend in global rates remains in force, says Nick Smyth at BNZ Markets this morning. The US 10-year rate hit 4.20%, its highest level since 2008, while USD/JPY touched 150 for the first time since 1990. “Liz Truss finally […]

 


 

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