Reading the tea-leaves
There is a lot of doom and gloom, but how much of it is justified?
Bond yields plunge
It hasn't taken a lot to send US 10Y bond yields to their lowest since November 2017. There isn't much resistance now if this breaks until about…
Lowflation strikes again
10Y US bond yields are back below 2.50% as of writing this, despite strong GDP figures last week. This is not a bad backdrop for EM Asia.
