US treasury yields have risen this morning amid confidence the Federal Reserve will remain accommodative even as robust growth takes the US economy back to pre-pandemic levels.
Havens like the dollar and government bonds were under pressure while copper has surged to the highest in a decade. The US 10-year rate bounced back from its 50 day moving average, underscoring the reflation trade is still alive but remained below the 1.6% level, sustaining a risk on bid for the global assets including emerging markets.
Tune in to see what's moving Monday's market and where to trade to end up in green.