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US 10-year Treasury yields hit 4.80% before closing back at 4.76%. Oil prices reversed some of their recent US Russia sanctions-related spike as oil, like life, ‘always finds a way’. US stocks therefore had an up-day, while the surging dollar dipped. The reason for much of the optimism was a report that Trump advisors are pushing to introduce tariffs gradually, perhaps by just 2-3% a month.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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