The UK is to ease lockdown restrictions with Prime Minister Boris Johnson set to detail his roadmap to recovery. All eyes are on the bond market with the U.S. 10-year Treasury yield hitting highs not seen since this time last year. Boeing grounds some of its 777 planes after a mid-air engine failure on a United Airlines flight causes debris to rain down on a Denver neighbourhood and prompts an emergency landing. HSBC steps up its pivot towards Asia by reportedly relocating a number of executive staff from London to Hong Kong. The UK lender is to announce it is withdrawing its commercial business from the U.S.
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