New Overnight Developments Abroad - Daily Update
Softer Dollar and Sovereign Debt Prices as Central Banks Not Rushing to Ease but Equities Showing Some Resilience
February 7, 2024
The dollar slid overnight by 0.3% against sterling and 0.2% relative to the euro, Canadian dollar and as measured by the DXY weighted index. A further rise in sovereign debt yields today — 4 basis points in British 10-year gilts, 3 basis points in 10-year U.S. Treasuries, and 2 basis points in German, French, Italian […] More
