Daily Alert: The bond market giveth, and the bond market taketh away

  • Global equity markets’ barnstorming run hit a small speedbump overnight, contributing to a slightly more cautious tone across broader financial markets.
  • The ongoing sell-off in global interest rates is also starting to pose some headwinds for stock markets.
  • In our time zone, Aussie retail sales for January are expected to register a decent bounce (market & CBA forecast +2% mom) from December’s weakness.

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