While US markets were closed due to Independence Day, European markets, especially in the UK and Switzerland, staged a rally yesterday, driven by dip buyers. Today, it is all about inflation data with markets again being surprised by higher than expected inflation prints. Dario Messi from Fixed Income Research puts it all in perspective and explains where he sees value.00:18 Introduction by Olivier Maris (Investment Writing)00:41 Markets Wrap Up by Roman Canziani (Head of Investment Writing)03:32 US Government bonds by Dario Messi (Fixed Income Research)08:17 Closing remarks by Olivier Maris (Investment Writing)