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Daily Alert: Chinese equities tumble on US-China tensions

  • US-China tensions were a source of volatility yesterday, with Chinese equities notching up some sharp falls yesterday.
  • With US-China tensions in focus and worries about the uptick in Delta COVID cases in focus, Treasury yields have fallen overnight.
  • At the Fed meeting, we expect the key policy levers to remain unchanged, but will be keeping an eye out for signs of a shift tone.

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