🇺🇸❗️ Financial Conditions Eased to Highest Levels Since March: Cable FX Macro
- Rosbel Durán
- Jun 26, 2023
- 1 min read
**As seen in Macro Walk report 06/23/23, subscribe at cablefxm.co.uk/reports
A measure of financial stress constructed by Bloomberg eased to the highest level since mid-March, preceding the banking crisis. The index rose to 30.0, last read at 16.0
Measures of swaption volatility in U.S. bond markets are now at 52-week lows, equity volatility breached 14.0 to the downside, while the equity benchmark is close to a one-year-high
The U.K. equivalent saw a similar move towards easing, however, it has now pulled back closer to its YTD average. Monetary stress in the U.K. does not show signs of worry even as the BoE continues to tighten policy
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