Sizeable pullback in JGB yields and impressive rally in TOPIX, led by electric & precision instruments, and machinery. But Yen drifting lower (pages 3 – 5) Core inflation still rising in Japan,…
Some of the recent uptick in initial claims has been attributed to fraudulent activity in Massachusetts. Of course, a material rise in claims may simply be a matter of time….
Core inflation remains stubbornly high. Bank of England forced to revise up inflation forecasts. Supermarkets coming under political pressure for accelerating food inflation – BRC index shows further rise in…
10-year US Treasury yield struggling for direction, finishing the week at 3.46%. Strong payrolls report for April counteracted by jump in initial claims. 30-10 years portion of the US Treasury…
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