New stock records as bonds retreat – CMC Markets
New stock records as bonds retreat – CMC Markets
BUS leading indicators boosted sentiment and growth-exposed assets overnight. US stocks hit new highs as durable goods and factory orders rose at a faster rate than expected. Although European bonds fell, US 30-year bonds rose, flattening the curve and pushing the yield back by 2%. Gains in base metals and crude oil illustrated positive thinking […]
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