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Bonds back from the brink
MP3•Episode home
Manage episode 484235441 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Friday 23rd May 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US bond yields rose higher still this session, before retracing their steps. Interestingly they started falling after the House passed the Big Beautiful Tax Bill, even though that is expected to add significantly to the US government deficit, which is seen as one of the reasons for the rise in bond yields in the first place. Does this mean US bond yields could continue their upward trajectory? NAB’s a Ken Crompton says it’s not unusual to see a reassessment after the sharp response to yesterday’s weak 20-year bond auction. The PMIs for Europe and thew US didn’t carry any major surprises, but weaker than expected for Germany. Yet the German IFO showed sentiment from companies is improving. Today retail data is the focus, for New Zealand, the UK and Canada. Phil and Ken also discuss the NZ budget and Andrew Hauser’s speech last night at the Lowy Institute in Sydney.
Hosted on Acast. See acast.com/privacy for more information.
1592 episodes
MP3•Episode home
Manage episode 484235441 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Friday 23rd May 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US bond yields rose higher still this session, before retracing their steps. Interestingly they started falling after the House passed the Big Beautiful Tax Bill, even though that is expected to add significantly to the US government deficit, which is seen as one of the reasons for the rise in bond yields in the first place. Does this mean US bond yields could continue their upward trajectory? NAB’s a Ken Crompton says it’s not unusual to see a reassessment after the sharp response to yesterday’s weak 20-year bond auction. The PMIs for Europe and thew US didn’t carry any major surprises, but weaker than expected for Germany. Yet the German IFO showed sentiment from companies is improving. Today retail data is the focus, for New Zealand, the UK and Canada. Phil and Ken also discuss the NZ budget and Andrew Hauser’s speech last night at the Lowy Institute in Sydney.
Hosted on Acast. See acast.com/privacy for more information.
1592 episodes
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