China bouncing back, BoE holding back, Treasuries kick higher
NAB Morning Call
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Bond Yields Aren't Going Up, Are They?
The Wall Street Journal is reporting today that two big online recruitment firms are saying the number of job postings is falling more than the Labor Department reports. The markets have listened to that and responded by hammering the share price of those two recruitment firms rather than listening to what they were saying. Look, a place where bond yields aren't heading up, is apart from the Australia, is the UK no data,. but of a davish Andrew Bailey from the Bank of England said the market's been getting ahead of itself.
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