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US real yields, which take out the expected consumer price changes from the nominal yield on bonds, are plunging at present and have fallen to their lowest levels since 2012. As we all know, central banks have cut rates and unleashed historic amounts of monetary stimulus to prop up their economies and avert collapse. Investors are therefore being pushed into risker assets and they are having to seek out other sources of income.USD selling continues on the back of this and we’ve also seen disappointing employment data this afternoon, as the streak of 15 consecutive weeks of falling initial... Read More


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