Daily Alert: Markets move along after Trump impeached again

  • US President Trump added another milestone to his resume being the only US President in history to be impeached twice.
  • US Treasury yields firmed to 10-month highs (10Y 1.11%) with the curve continuing to steepen and pointing to increasing optimism.
  • Locally, NZ residential consent issuance for the November 2020 year rose to 38,604 consents, the highest annual total since 1974.

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