Show Notes
US and European bond yields rose sharply as investors priced in higher inflation amid this week's rise in oil prices. The 10-year US Treasury yield approached 5%, but the increase in bond yields was truly global, weighing on global equities and precious metals. Despite the broader risk-off tone, AI-related investment remained a constructive theme, supported by Oracle’s results and Microsoft's data centre expansion plans. David Kohl, Chief Economist, discusses the ECB’s hawkish message and key considerations ahead of next week’s Fed meeting.
(00:00) - Introduction: Lucija Caculovic, Product & Investment Content
(00:42) - Markets wrap-up: Mike Rauber, Product & Investment Content
(06:46) - ECB and US inflation data: David Kohl, Chief Economist
(15:03) - Closing remarks: Lucija Caculovic, Product & Investment Content
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