Last week was all about geopolitical tension over Greenland, which eased post Davos negotiations. US economic data signaled a healthy backdrop despite elevated inflation. Europe saw steady activity, Japan held rates but with a tightening bias, China’s recovery remained uneven. Global stock markets closed the week lower, while Treasury yields rose slightly, the US dollar eased, and oil prices gained. Japanese government bond yields continued their unrelenting rise amid fiscal policy concerns. This prompted a rare ‘rate check’ by the Ministry of Finance on Friday and possible intervention, leading to a sharp reversal ... (full story)