News
Pre-London: Treasury yields ease after Warsh as GDP, PCE and the ECB loom
Pre-London: Treasury yields ease after Warsh as GDP, PCE and the ECB loom
- Overnight: US 10y yield back to 5.00% and 2y 4.69%, both about 5bp lower after Warsh gave no December guidance; gold -0.9%; Brent flat near $115; Nikkei +1.1%, ASX 200 +0.5%, Shanghai -0.7%, KOSPI lags on Samsung; Nasdaq futures -1.0% on the Alphabet miss
FO view: Warsh left December open, so today's GDP and PCE carry the hike debate, while Iran mediation holds Brent near $115 despite fresh Gulf incidents.
Not investment advice.