Around the markets

  • Wall Street finished marginally higher after opening almost 0.5% lower following the China rate hike
  • Copper gained 0.5% which combined with the 0.5% fall in oil, kept the commodity price index close to flat
  • The Chicago Board Options Exchange Volatility Index (VIX) was up by 11% at one stage and closed +8.3%
  • Treasury yields gave back morning gains with 2-year yields at 0.65% and 10 year at 3.34%

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