Morning Bid: Global inflation relief lifts bond yield gloom

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The story "Morning Bid: Global inflation relief lifts bond yield gloom" was covered 6 hours ago by Channel News Asia, a news publisher based in Singapore.

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Morning Bid: Global inflation relief lifts bond yield gloom - Channel News Asia

Quick Summary:

A look at the day ahead in Asian markets. At last, some breathing room for investors after U.S.and UK inflation figures on Wednesday eased the vice-like grip that the soaring dollar and global bond yields had increasingly been exerting over markets.

Perhaps country-specific factors are playing a greater role in setting exchange rates right now rather than solely U.S.yields and rate expectations.

Treasury curve posted their biggest one-day declines since Nov.25, and rates traders brought forward the next expected Fed rate cut to June from September.