Following Tuesday’s huge move in the US, world markets returned the favour with gains across the board.
Pick a market, and it was probably up. Even India — which has been a standout because of how bad it’s been — was up 1%.
The Nikkei gained over 1.5%. European markets are generally drifting higher.
And European peripheral debt is also going great.
The Spanish 10-year yield is this close to falling below 5%.