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Further to the prior post: It is noteworthy that US government bond yields reversed course and are now higher on the day.
(CNBC chart below.)
#economy# #markets# #yields# #bonds#
Further signs of UK fiscal pressure ahead of next month’s budget:
Driven partly by higher debt servicing costs and inflation, UK public sector borrowing hit £18.3 billion in August. This came in above the £15.5 billion consensus forecast and widened the overshoot against the OBR’s projections (Reuters chart below).
All of which underscores the limited fiscal headroom facing the Labour government ahead of its debut budget.
#economy# #uk# #markets# #budget#
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Further intervention by Japan to prop up the yen would offer a good opportunity to sell, according to UBS Asset Management’s Kevin Zhao
Furious Rep. Lauren Boebert blasts claim she had sex with 3 staffers, including 2 women
FURIA beat MIBR to set up Vitality rematch
FURIA make it to the final day of StarSeries 👏
FURIA beat MIBR in the derby and advance to the Consolidation final at StarSeries 💥
FURIA eliminate MOUZ from StarSeries Fall
FURIA bounce back with a win over MOUZ in the StarSeries lower bracket 👊
FURIA take the series to knock MOUZ out of StarSeries Fall
