Wednesday 12th September 2018

US 10-year Treasuries are closing in on 3 percent again, as expectations firm on two further rate hikes this year. As Phil Dobbie discusses with NAB’s Rodrigo Catril, two year yields hit a decade high, thanks to strong jobs data and small business confidence, on the back of Friday’s non-farm payrolls numbers. It was the highlight in an otherwise quiet night – no Brexit progress, no tariff announcements. And a quiet day ahead, unless the President has other plans. Phil is also joined by NAB Markets’ Chief Economist Ivan Colhoun who summarises the take-outs from yesterday’s NAB Business Survey.