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  • Futures Tumble As Global Bond Yields Surge

    Futures Tumble As Global Bond Yields Surge Yesterday when US stock markets were closed but both bond and equity futures were trading, we pointed out that 10Y Treasury futures implied a yield of over 1.80%, a number which was the highest in years and which we warned would cause headaches for stock traders when the US reopened fully on Tuesday. And sure enough, with 10Y yields surging as high as 1.8536% overnight and 2Y yields jumping to 1.05% (up a whopping 15bps from 0.90% last...

    ZeroHedge
  • Futures, Global Markets Start 2022 With A Bang

    Futures, Global Markets Start 2022 With A Bang If 2021 ended with a whimper, then 2022 is starting off with a bang, as futures on all major U.S. equity indexes rise on the first trading day of the year amid light volumes with markets including the U.K., Japan China, Australia and New Zealand closed for holidays. Europe’s Stoxx 600 rose 0.6%. In Hong Kong, property shares dropped and China Evergrande Group halted trading without an explanation. The dollar rose, as did bond yields...

    ZeroHedge
  • BBC warned it is 'threatening future of independent local journalism'

    News Media Association chief executive Owen Meredith, whose group represents UK national and regional publishers, accused the BBC of trying to become a 'monolithic provider of news'.

    Mail Online