Slight rise in long-term bond yields

  • Macro-economy

The continued rise in bond yields (1.37% for the US 10-year) reflects market nervousness ahead of tomorrow’s ECB meeting and the release of the Fed’s Beige Book this evening.

At the same time, the rebound of the USD reflects both this nervousness, but also the possibility that the anticipated tightening of ECB policy will be lighter than expected.

Japanese GDP growth was revised from +0.3% to +0.5% q/q in Q2. The economic calendar is still light today. The euro is trading below USD 1.184.

Share this news :

You might also read :

ES-oil
June 28, 2021

OPEC week

ICE Brent prompt contract remained elevated, at 76.3 $/b at the prompt, as we approached expiry for the August contract. On the refined product side,…
ES-oil
June 3, 2021

Oil prices remain under upward pressure

Brent prices reached a new two-year high level overnight near $72/b, while WTI prices touched $69.4/b. The market remains in a bullish mood after the…
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
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]