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Global Daily: Everything Has Changed

8 December 2025 4:11 RaboResearch

US equity indices closed in on new highs on Friday as traders look ahead to this week’s FOMC meeting and place bets that monetary conditions are poised to get a little easier. Nevertheless, the US sovereign curve shifted higher by almost 4 basis points, with around half of that move coming after the release of September PCE inflation figures.

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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