Macro Afternoon

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by Chris Becker

After a risk-off mood in Europe and the US overnight, stock markets in Asia were mixed today, with the Nikkei the only standout, rising 0.4% as Japanese bond yields across the curve are now all below -0.1%, yes, thats MINUS 0.1%!

yield

Aussie bonds are also being chased with the 10 year dropping to a new low below 2% with the Aussie dollar rising on the bid, just below 74 cents against the USD with a solid run since the Sydney open:

AUDUSDH1
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