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  • A generally weak session for risk assets yesterday with Europe, the NASDAQ and the S&P finishing in the red while the UK market outperformed finishing marginally up.
  • Cairn Homes released a strong set of FY22 results this morning in which there were few surprises given the release of its trading statement in January. The homebuilder’s revenue increased by 47% to €617m. (Comment attached)
  • Core bond yields continued to move higher on the back of ongoing inflationary pressures.