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Markets this week: PBOC decision, southbound flows, Treasury yields

Markets this week: PBOC decision, southbound flows, Treasury yields

ECONOMIC EVENTSInvestor focus will remain on bond markets after yield on the benchmark 10-year Treasury note, jumped to a one year high of 1.36% last week amid worries this could dull the lure of riskier assets.“The acceleration in US 10-year Treasury yields to pre-pandemic levels is generating concerns about the …

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Copper hits 8-year high on green demand, post-pandemic stimulus

Copper reaches 8-year high on green demand and post-pandemic stimulus

(ATF) Copper prices reached eight-year highs on February 10 as traders’ optimism rose against a backdrop of rising inflation, a falling dollar, historically low stocks and green stimulus plans unleashed to combat the economic shock of the coronavirus pandemic.Benchmark copper on the London Metal Exchange (LME) closed at $8,279.50 a …

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