Friday: US 10-year yield at 16-year high
Aug 17, 2023•10 min
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Episode description
The US 10-year Treasury yield jumped to 16-year highs overnight on growing talk the Fed will have to hike again. Risk-sensitive currencies are weak on China’s rapid slowdown.
In an extended bonus deep-dive interview, ANZ’s Group Chief Economist Richard Yetsenga looks at why China’s stimulus isn’t working this time around.
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