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Bond sell off continues to push yields to highs not seen since GFC, weighing on equities
EU mid-market update: Bond sell off continues to push yields to highs not seen since GFC, weighing on equities; Japan officials tight-lipped on JPY mo
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Focus turning to upcoming Fed speak and US payroll data
- Bond yields face opposing pressures from hawkish central banks and weak economic growth. - Markets are muted ahead of US jobless claims and tomorrow
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Continued spike in energy prices weighing upon risk appetite
- German Aug Factory Orders fall more than expected weighed down by auto sector. - Safe haven flows aid USD as energy surge drives inflation concerns.
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