April 19, 2023

US and European Bond Yields continued to push northwards, up to levels not seen in many years. This is a warning signal to markets and

Bond yields in the US continued to rise higher, hitting highs not seen since 2007, endorsing the ‘higher for longer’ mantra. Energy prices are rising

US equity markets closed out a very gloomy trading week, which was dominated by Central Banks and their monetary policy decisions. The Fed left rates

Markets digested the Fed interest rate decision and a slew of European Central Bank monetary policy decisions and decided that it was heading negative. Equities

The Federal Reserve left rates unchanged, but indicated a further rate rise was likely in this calendar year, with interest rates remaining ‘higher for longer’.

EU inflation was slightly softer than expected, dipping to 5.2%, but remains at far too higher levels. Canadian inflation jumped up to 4%, from 3.3%,

A quiet start to what could be a very busy week, as the Fed leads out the Swiss National Bank and the Bank of Japan,

US equity markets closed out the week lower, perhaps alerted by the steady rise in Bond Yields in Europe and the USA? Bond Yields have

The ECB raised rates 25 basis points, surprising many, but the impact was minimal due to the dovish narrative. The ECB raised rates but signalled

US inflation reversed course, and rose in August, further than expectations. Inflation has been falling in the US at a precipitous rate, for the last