In today’s briefing:
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Morning Views Asia
- The UST curve twisted marginally steeper yesterday, as the market focused on the selection for the next Fed Chairman amid little macro developments.
- The yield on the 2Y UST declined 2 bps to 3.51%, while the yield on the 10Y UST was unchanged at 4.09%.
- Equities recovered from Monday’s sell-off, in tandem with a rise in cryptocurrencies. The S&P 500 and Nasdaq rose 0.2 and 0.6% to 6,829 and 23,414, respectively.
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