SFY - Markets Finding It Difficult To Rebuild Bullish Momentum
Overview
There is a nervous calm in the capital markets today after a late sell-off in US equities yesterday on the back of concerns about new virus cases in some states and revelations in a new book by former National Security Adviser Bolton. Asia-Pacific equities were mixed, though, of note, China, Hong Kong, Taiwan, and Indian markets rose. European bourses are down small, and US stocks have turned lower as well. Bond markets are firm, though and peripheral bonds are outperforming after the results of the ECB's TLTRO operation. The US 10-year yield is hovering