Modest currency moves – oil drops

Dec 7, 2023 | Commodities, Currency, Economy, Money Market

Another day, another extension of the global bond market rally, this time driven by weaker oil prices and a soft US ADP employment report being a supporting factor, says BNZ Markets this morning. European 10-year rates are down to their lowest levels since May, while the US 10-year rate has traded as low as 4.1%. […]

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Modest currency moves – oil drops

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