ECB leaves key rates unchanged in June monetary policy meeting, as expected 0 (0)

ECB announces their latest monetary policy decision – 10 June 2021
The part on PEPP highlighted in bold is the key takeaway i.e. no changes from policy as laid out back in April. The language on rates is also similar and that is no surprise as the ECB steers clear of any taper talk in the

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All good news on the crypto front so far today 0 (0)

WSJ reports that Coinbase is teaming up with a 401k provider to offer crypto
The story was out a little earlier before the Basel news but didn’t quite gather enough traction but perhaps put together, it is starting to reverberate into broader sentiment in the crypto market – or maybe it was just a delayed reaction.

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US 10-year yields fall to one-month low below 1.50% 0 (0)

10-year Treasury yields down to 1.495%, its lowest since 7 May
We’re not seeing any wider reverberations yet as bond buyers are dipping their toes in the water with yields falling just under 1.50%. But as mentioned earlier, keep an eye on things here in case we start to see some spillovers i.e. softer dollar, stronger

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