Ever higher

Global stocks continue to rise and so do commodity prices and bond yields, while the Bitcoin is nearing $50000. Risky assets are pushed higher by a mix of confidence in the future economic recovery and speculation in a context of over-abundant liquidity. The reopening of US financial markets will test this optimism today. The EUR/USD is almost stable near 1.2130-40.

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February 7, 2022

Rates continue to rise

The US 10-yTreasury yield is settling above 1.9%, while European long rates continue to rise after last week’s BoE and ECB meetings. Markets are now…
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