Economic and Monetary Divergence Between China and Most of the Rest of the World

<p>Markets We’ll move quickly over yesterday’s uninspiring day which lacked guidance from the eco calendar as well as from the US (celebrating 4th of July). German yields fell up to 3.9 bps at the front while adding 5.3 bps at the longest tenor. After Monday’s sell-off, UK Gilts marginally outperformed Bunds from the 5y tenor [&#8230;]</p>
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