Last week saw once again muted trading activity while U.S. economic numbers continued to show improvement. Equities inched closer to fresh records during the week and fixed income yields also rose. The U.S. Ten year finished the week with a yield of 2.31%. For market participants, the news conference held by ECB Chairman Draghi sounded similar to other promises he’s made in the past. However, the news highlight came at the end of the week and focused on the surprisingly strong U.S. Jobs report.
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