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-gas
June 10, 2021

Curve prices extended gains

European spot gas prices were up again overall yesterday, supported by an additional tightness on supply. Indeed, Norwegian flows dropped significantly yesterday to 150 mm…
ES-economy
May 3, 2021

EUR/USD sharply down

The EUR/USD exchange rate plunged by more than 1$ on Friday and is now trading just above 1.20. The preliminary estimates of Q1 GDP growth…
ES-gas
June 21, 2022

Prices maintain their uptrend

European gas prices were up overall yesterday as the weakness in Russian supply (stable yesterday at 104 mm cm/day on average, with Nord Stream 1…
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]