Greetings,
United States: The US dollar continues to weaken.
The decline in US real rates suggests further weakness for the dollar.
Asia-Pacific: The RBNZ struck a hawkish tone.
The Kiwi dollar and bond yields jumped.
Commodities: Gold is back above $1900/oz.
Equities: Bank shares sold off as Treasury yields declined.
Rates: The 10-year Treasury yield is tracking past global recoveries.
Food For Thought: IRS enforcement personnel:
Edited by Devon Lall
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