In today’s briefing:
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Morning Views Asia
- Front-end UST yields declined yesterday, with the UST curve steepening in continuation of last week’s trend. The yield on the 2Y UST fell 2 bps to 3.50%, while that of the 10Y declined 1 bp to 4.17%.
- Equities retreated for a second day, with the S&P 500 and Nasdaq down 0.2% and 0.6%, respectively.
- New York Fed President John Williams said monetary policy is well-positioned heading into 2026, as the FOMC has “adjusted interest rates down in a way that we think positions us really well to have these two competing kinds of risks be roughly in balance”.
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