stories on Nostr: Traders Reprice Global Rates Outlook Ahead of ECB Meeting =============== #ca962572 ...
Traders Reprice Global Rates Outlook Ahead of ECB Meeting
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#ca962572 ver:0.52
Euro zone bond yields rose after US inflation data showed stronger-than-expected results in March, causing investors to reduce their expectations for rate cuts from the Federal Reserve. The US consumer price index (CPI) rose 0.4% month-on-month in March, the same as in February and above expectations of a 0.3% increase. Year-on-year inflation rose to 3.5%, from 3.2% the previous month. Bond yields in the US and Europe jumped, with Germany's 10-year government bond yield up 6 basis points (bps) at 2.432%. The 10-year US Treasury yield was up 14 bps at 4.501%, its highest since November. Traders no longer expect a Fed rate cut in June and now see September as the most likely start date. Euro zone bonds tend to track their US peers, but US yields have risen more in recent weeks due to the str...
#newstr #EuroZoneBondYields #UsInflation #FederalReserve #Ecb #BankOfEngland #InterestrateCuts #MonetaryPolicy #GlobalEconomicRecovery #CentralBanks
https://here.news/story/ca962572?ver=0.52
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#ca962572 ver:0.52
Euro zone bond yields rose after US inflation data showed stronger-than-expected results in March, causing investors to reduce their expectations for rate cuts from the Federal Reserve. The US consumer price index (CPI) rose 0.4% month-on-month in March, the same as in February and above expectations of a 0.3% increase. Year-on-year inflation rose to 3.5%, from 3.2% the previous month. Bond yields in the US and Europe jumped, with Germany's 10-year government bond yield up 6 basis points (bps) at 2.432%. The 10-year US Treasury yield was up 14 bps at 4.501%, its highest since November. Traders no longer expect a Fed rate cut in June and now see September as the most likely start date. Euro zone bonds tend to track their US peers, but US yields have risen more in recent weeks due to the str...
#newstr #EuroZoneBondYields #UsInflation #FederalReserve #Ecb #BankOfEngland #InterestrateCuts #MonetaryPolicy #GlobalEconomicRecovery #CentralBanks
https://here.news/story/ca962572?ver=0.52