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Debt deal is doable

NAB Morning Call

00:00

Introduction

US equity markets have bounced back as though everything is all right now. But in Europe, well, the Eurostocks 50 is only 0.2% up at close. The Hang Seng yesterday down 2%. And US 10-year treasure yields are pushing higher up another five basis points to 3.6%. In the UK, 10-year guilds are up to 3.83%, whereas yields are down across most of Europe. We'll talk about Japan a bit today and what's going on with Australian wages.

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