Archive for December 21st, 2021

New Overnight Developments Abroad - Daily Update

Volatile Markets as Investors Scramble to Assess Omicron Variant

December 21, 2021

Ten-year sovereign debt yields rose nine basis points overnight in the U.K., eight bps in Spain and Italy, seven bps in France, six bps in Germany, five bps in the United States and a basis point in Japan. The steep drop in stock markets was partially trimmed overnight, but equities still appear vulnerable. U.S. stock […] More