Monday, August 7, 2017

US Treasury yields down on the longer-end despite better-than-expected NFP data on Friday · Bund yields dip after BoE held rates and rising political turmoil in US


Good Afternoon,

Highlights of the week:-

·         US Treasury yields down on the longer-end despite better-than-expected NFP data on Friday
·         Bund yields dip after BoE held rates and rising political turmoil in US
·         UK gilts down as BoE kept interest rates steady amid a gloomy outlook
·         Indian bond yields down as RBI cut interest rates to 6.00% while South Korea’s 10-year yield rose following four-month high inflation
·         Malaysia’s trade surplus at its widest since March 2016
·         MGS yields fell last week tracking lower UST and drop in oil prices

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