The Kākā by Bernard Hickey
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Dawn Chorus: Deflationary signs welcomed
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Dawn Chorus: Deflationary signs welcomed

US bond yields fall as US house prices drop sharply; UK bond yields drop back below mini-budget levels on Sunak’s orthodoxy

TLDR: There are increasing signs that inflation is coming off the boil rapidly in the rest of the world, calling into question whether the hard-out monetary policy tightening by central banks shows generals ‘fighting the last war’ and over-hiking going into slowdowns.

In geo-politics, the global economy, business and markets

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The Kākā by Bernard Hickey
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The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.