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Bond yields hold lower after European PMI woes today

Here's a snapshot of bond yields at the moment:10-year German bond yields down 5.5 bps to 2.373%10-year French bond yields down 5.3 bps to 2.935%10-year UK gilt yields down 8.5 bps to 4.194%10-year Treasury yields down 3.2 bps to 3.807%The drag today comes largely off the back of the softer PMI readings in the euro area and the UK earlier. As high inflation continues to stay rampant across major economies, an added economic downturn is making things more difficult for central banks. Recession ri... Read More

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Bond

Yields

Hold

Lower

After

European

Woes

Today

Forex

Posted: Jul 24 2023, 10:41

Author Name: forexlive

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