Global growth concerns are less of a worry in Q4 as compared to previous quarters. While the US benchmark indices have rallied back towards the flat line, the European bond yield has kept investors on the edge.
If you’re investing or trading, one of the indicators you need to watch out for are the global sovereign bond yields. As of late, the French and Spanish bond sales were well received yesterday. The yields for France, Spanish and even Italy are below the sustainable 7%.
Have you been noticing the US dollar index lately? Since it tried to test the resistance level of 80, it seems that it will be a deja vu !
Where has the market headed?
With China cutting the RRR by 50 basis point and the joint coordination of Central Banks actions, both on Wednesday, coupled with bond yields lowering the sustainable level. Markets rose while taking a ...
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