In the absence of further banking turmoil, it has been relatively calm waters in financial markets over the last two weeks. VIX volatility has traded at fairly low levels and yields have started to edge higher again, as focus turns away from risk of a banking crisis and back to data. Back in risk-on mode we have seen further USD weakening also supported by soft US data releases.
Safe haven bids intensified during US dealings, where recessionary and financial stability concerns flared up again. US yields dropped another 10 bps in the 2y-3y segment while adding 4.6 bps at the long end (30y).
不灭的记忆 历史的回响——写在九一八事变爆发90周年之际_东北军 sohu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sohu.com Daily Mail and Mail on Sunday newspapers.