Bank of America's "big turn": bullish on commodities, bearish on US bonds, the key is this week's data.

Bank of America Merrill Lynch said that if the US ISM Manufacturing Index is greater than 49, it will push the 30-year bond yield above 4.3%; globalisation, low debt, demographic structure, and technology as low inflationary factors reverse, inflation will return to the 5% level, and the bull market of csi commodity equity index is just beginning.

wallstreetcnSep 2, 2024 07:01