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CPU & QBE Rally on Higher US Yields

Computershare and QBE Insurance are experiencing strong rallies at present, the catalyst being higher interest rates in the US. The FOMC meeting on the 14th of December may provide a short term cap in the bond yield rally, if this occurs QBE and CPU will likely run into resistance.

Chart - US10YR
Chart – 10YR
Chart - QBE
Chart – QBE
Chart - CPU
Chart – CPU

 

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