Wednesday: US 10-year yield over 5%

Oil prices and US bond yields rise again on more news of oil supply restrictions in the Middle East. Signs of stagflation emerge in China. Australian consumer confidence improves. And New Zealand’s housing market weakens again in August. In our deep-dive interview, ANZ Group CEO Nuno Matos reflects on how geopolitics, and the global economy, are changing. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/