Has bad news become bad news again?

  • Macro-economy

When US jobless claims figures showed an unexpected second increase in a row yesterday, we thought the stock and bond market would both love them, but that was not the case: US equities were down for the 3rd day in a row in 2021 and the US 10y bond yield stands above 1.3% this morning. Bond yields in Europe have started rising more significantly too, so that the spread with US Treasuries is narrowing, which supports the euro vs the USD: the EUR/USD was back to 1.21 this morning.

Share this news :

You might also read :

ES-economy
November 10, 2021

Back to reality

The decline in long term bond yields was accentuated yesterday, pulling the US 10 year down to 1.43%, mainly on the idea that Joe Biden might decide to…
ES-power
June 20, 2022

Overall retreat of the energy complex

The European power spot prices for today reached a level close to Friday’s as the retracing gas prices, weaker demand and higher wind output expected…
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
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

Twitter
EnergyScan - Newsletter subscription
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]