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

  • Macro-economy

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.

us 10 years bond
Share this news :

You might also read :

ES-gas
September 30, 2021

Prices continue to rally

European gas prices increased strongly yesterday, still supported by supply concerns. Indeed, although Russian flows rebounded slightly yesterday, averaging 287 mm cm/day, compared to 280…
ES-economy
May 11, 2021

Inflation fears

It’s paradoxical but the poor US jobs report has brought inflationary fears back to the forefront of market concerns. The Nasdaq plunged by 2.6% yesterday…
ES-economy
December 21, 2021

Erratic market movements

Asian equity markets have initiated a rebound that could continue in Europe and the US. Long-term rates are also slightly higher, with the US 10-year rate…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter