Today we are taking a look at:

  • SAGB yields continue to rise as offshore liquidations persist, although the daily rise in yields have become fairly more muted relative to last week
  • Market focus today on US data
  • Oil slid back below $25 a barrel after a record surge
  • US jobless claims ramped up to 6.6m (vs est.: 3.7m); global virus infections went through the 1m mark and oil rallied 30%…enough said!DailyMarketCommentary200403

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