Treasury yields – what’s driving their recent rise?

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25/08/2023 Key Takeaways It’s premature to call off a recession Lower shelter costs will ease inflationary pressures Treasury supply dynamics caught the market by surprise “Toto, I’ve a feeling we’re not in Kansas anymore.” This famous phrase from the Wizard of Oz, which coincidentally celebrates its 84th anniversary this week, echoes the prevailing sentiment in …

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