Power Breakfast: Pound Bounces Back On News Of Boris Johnsons Resignation, Dow Jones Jumps 350 Points, Bond Yield Reaches Near 3%

There are signs of strength from the global markets. The US markets have once again seen a rally. Dow Jones has seen a jump of Rs 350. On the other hand, Nasdaq has seen a rise of 2.25 percent. The 10-year bond yield has now reached near 3 percent. At the same time, the markets of Europe have also closed with a gain of 2 percent. Apart from this, pound recovered amid the news of Boris Johnson’s resignation.