- A generally weaker session for risk assets yesterday with European and US markets finishing in the red, while the UK outperformed with a marginal gain.
- All in the construction sector had a weak day yesterday with CRH off 6%, its US peers off 3% and European peers off 4% after a Bloomberg Intelligence report flagged that cement consumption was going to drop 3.5% in 2023.
- Core bond yields continued to move lower yesterday on US growth concerns.
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