Global bonds sell off as investors show caution
Bond markets are signalling concern amid broader movements across currencies, commodities and regional economic indicators.
Bond markets are experiencing a sell-off, raising caution among investors. Dairy prices remain steady while US economic data shows stability. The Japanese economy is showing improvement, though China's debt levels continue to approach those of the United States. Commodity markets are mixed, with gold prices falling while oil prices rise.
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Breakfast briefing: Investors on edge as global bonds sell off
Bond markets shout warnings; dairy prices hold; US data stable on stockpiling; Japanese sentiment firms; China's debt nears US levels; Australian building permits fall; UST 10yr at 4.80%; gold falls and oil jumps; NZ$1 = 58.9 USc; TWI-5 = 62.4