- It was a risk off day for global markets yesterday as they absorbed Fitch’s downgrade of US credit rating to AA+, the US Treasury Department’s guide of an increased bond auction next week and better-than-expected US labour market data.
- Before the market opened this morning, IRES REIT released its results for H1’23. (Comment Attached)
- Yesterday, there was some weakness in US bonds while others remained little changed.
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