That means it is up +0.6% today, up +1.4% fort the week, and up +6% so far this year. The Fed's win in its battle against inflation while keeping employment growing is a key factor that profits remain robust. The Australian 10 year bond yield is now at 4.19% and up another +3 bps from yesterday. The bitcoin price starts today at US$47,622 and up another large +5.8% from this time yesterday. And this new higher level is +10.2% higher than a week ago and its highest since December 2021.

Source: New Zealand Herald February 10, 2024 11:27 UTC