Compare and contrast the charts below, on the one hand there is a nice rise in US Bond yields (which is making markets jittery - of course, should be the opposite, but what do the machines and algo's know,eh?). This is a sign at last of the end of the Financial crash, 11 years after it began. Historically that is about right, for major financial crashes. Interestingly though on a longer term view, US yields still need to go above around 4% for them to be at 'normal' levels. That may be possible this year with Trump's pump-primed US economy kicking into gear.
Let's hope the more nervous and sclerotic UK economy can follow in due course.
