**As seen in Macro Walk report 10/14/22, subscribe at cablefxm.co.uk/reports
Monetary conditions in the U.S. have recently tested record lows (excluding the Covid March 2020 crisis), the index compiled by Bloomberg has rebounded but remains close to record lows, last -125.0
Last week saw equities fall by 1.6%, most global bourses posted losses. Sovereign debt saw downside, U.S. 10-yr yields went up by 13.8 basis points to end the week above the 4.0%. In the 10-yr space, the largest moves were recorded in the kiwi curve, up 26 basis points
GBP denominated assets have seen volatile trading lately, this has also been translated into tighter financial conditions. The last read on the U.K. FCI stands at -119, down 58 basis points on the week
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