20th June 2023

  • Treasury Yields Rise as Global Bond Slide Extends Before Powell

Market gauge of rate expectations rises close to March high

Pendal’s Xie Patrick buying bond dips as hiking cycle near end

https://blinks.bloomberg.com/news/stories/RWJ4CDDWRGG0

  • US Homebuilder Sentiment Increases to Almost One-Year High

NAHB/Wells Fargo index rose to 55, exceeding all forecasts

Sales expectations gauge for June firmest since May 2022

https://blinks.bloomberg.com/news/stories/RWICEODWRGG0

  • Blinken’s China Trip Yields Best Possible Result: More Talks

China, US agree to resume talking but few specifics appear

More visits to come but military contacts still lacking

https://blinks.bloomberg.com/news/stories/RWJ74XDWLU68

  • Oil Drifts Lower on Concern Chinese Stimulus Will Fall Short

Slow roll-out of steps by Beijing may crimp consumption growth

US benchmark WTI on course for back-to-back quarterly decline

https://blinks.bloomberg.com/news/stories/RWJCGJT0AFB4

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