Breakfast briefing: Inflation's pressure is easing - News Summed Up

Breakfast briefing: Inflation's pressure is easing


Today $94 bln was bid for $37 bln available, so again well supported. The UST 10yr yield is firmer on secondary markets at 4.27% and up +4 bps from yesterday at this time. The Australian 10 year bond yield is now at 4.36% and up +1 bp from yesterday. That all means our TWI-5 starts today just on 70.3, +10 bps higher than yesterday at this time. The bitcoin price starts today at US$41,753 and down a sharpish -4.7% from this time yesterday.


Source: Stuff December 11, 2023 21:44 UTC



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