Oil cuts, wage rises and rate hikes
NAB Morning Call
00:00
The Positive End to the Weakness in the Equity Markets
The main takeaways here, of course, is that we can officially say now that a US default has been avoided. One year Treasury bill still very elevated to 5.12%. When do they come down? There's uncertainty as to how much issuance the Treasury is going to pump into the market in terms of Treasury bills from here onwards. But overall, the main takeaway there that is all being kind of positive news for the market.
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