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European bond yields jump higher as inflation continues to stick around
- 10-year French bond yields up 7 bps to 3.145% - highest since February 2014
- 10-year Spanish bond yields up 7 bps to 3.700% - highest since April 2012
- 10-year German bond yields up 8 bps to 2.66% - highest since July 2011
And for the first time in this tightening cycle, money markets are pricing in a 4% terminal rate for the ECB. The data is also weighing on equities and underpinning the dollar as we get into European trading... Read More
Posted: Feb 28 2023, 08:14
Author Name: forexlive
Views: 110595