US bond yields keep on rising. Second impeachment against Donald Trump

Macro-economy
January 12, 2021

Democratic lawmakers of the House of Representatives have launched for the second time an impeachment against the US President. US equity markets were down yesterday, as the strong rise in bond yields raises many doubts about the sustainability of stretched valuations. The USD strengthened as well (EUR/USD touched 1.2132), but these trends seem already reversing, as Mr. Biden is expected to unveil the details of its fiscal plans on Thursday, which supports recovery expectations.

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US bond yields keep on rising. Second impeachment against Donald Trump

You might also read :

Mixed power prices in Europe, strong volatility in the EUA market

US crude supply revised down due to structural damage

The US 10y bond yield hit 1.75%. Downward correction in risky assets

Simplifying energy markets