Podcast: US yield rise moderates as USD wilts. Grains exploding
Saxo Market Call
Summary: Today, we look into the USD reversing back lower as US yields topped out and rolled over slightly, in part on Fed pushback against tapering guidance. Also a look into fixed income developments in EM, the explosion in grain prices, what is keeping oil so elevated, Zoom's interesting gambit to maintain momentum, the Plug Power hookup with Renault and more. Today's call with Althea Spinozzi on fixed income, Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
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