Eurizon Weekly 12 Feb. 2024. The marginal repricing of monetary policy expectations by the sovereign yields market continued, progressively cutting back on the excesses recorded over the closing months of 2023. The global stock markets were cautious, whereas the US stock lists stayed on an uptrend, supported by quarterly corporate results, in waiting for the US inflation reading to provide clearer indications on the timing of the start of the interest rate normalisation process by the central banks. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team takes a closer look. Audio recorded on 12 Feb. 2024.