In this report, we standardise price changes across different markets to allow for cross-market comparisons.
US 2-year yields saw a 2.5+ standard-deviation jump last week, which see the US 2s10s flatten by 1+ standard-deviation. Elsewhere, EM equities saw notable moves to the upside, while JP Morgan saw a 1.9 standard-deviation drop.
This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.
