Friday: Rates jitters return ahead of Jackson Hole
US stocks are down around 1% and US Treasury yields are up 3-5 basis points on concerns big central bank speeches tonight could be hawkish. US second tier data was stronger than flash PMIs indicated. In our bonus deep-dive interview, ANZ’s Chief Economist for Greater China Raymond Yeung explains the downturn in China’s property market and the wider macro-economic implications. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/