Daily Morning Call
From the Floor: Surging yields spark risk flight — #SaxoStrats
455 views
Bond yields continue to climb higher with 3% in view for the 10-year US Treasury, a circumstance that has prompted a flight from equities and crude oil among other assets.
• Core FX pairs 'don't know what to do' as risk-off widens
• Core FX pairs 'don't know what to do' as risk-off widens
• CAD sells off as crude oil corrects lower
• 'This is the largest risk parity selloff since November 2016': Garnry
• Utilities, consumer staples, healthcare likely to catch a bid
• Gold shows resilience as funds add long positions