It was a week defined by fluctuating bond yields, easing infla | ForexTime

It was a week defined by fluctuating bond yields, easing inflation fears, monetary bazookas, and U.S stimulus hopes.

 


Market sentiment was influenced by the developments in the global bond markets with the risk pendulum swinging back and forth. This was reflected across equities, currencies, and even commodities.


As the mood across the board improved on easing inflation fears and Congressional approval of Joe Biden’s $1.9 trillion relief package, the risk-on sentiment strengthened. Asian shares were mostly mixed on Friday thanks to a spike in U.S Treasury yields.... Read More (https://www.forextime.com/market-analysis/keep-calm-its-friday)