Base metals prices mixed, markets more risk-off on Wednesday as bond yields rise

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Wednesday January 5 while markets reflect on impact of firmer bond yields, but the overall tone in metals remains upbeat.

US 10-year treasury yields were at 1.65%, compared with 1.51% December 31. Asia-Pacific equities were mainly weaker this morning. Base metals Three-month prices on the LME were more down than...

Published

William Adams

January 05, 2022

09:38 GMT

London