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.
