EnergyScan

The US 10y bond yield hit 1.75%. Downward correction in risky assets

The initial markets’ reaction to the Fed’s optimistic and dovish message at the same time was positive on Thursday but it looks like they thought twice about it yesterday. Bond yields surged higher, the US 10y reaching 1.75%. Oil prices plunged and US equity markets did the same eventually, followed by most Asian indices overnight. Even if the bond market seems recovering a bit (prices up, yields down), European equities should register a marked downward correction. European countries will resume administrating AstraZeneca jabs after the green light of the EU medicine agency. Paris enters a 4-week lockdown, but the economic impact should be close to its efficiency, quite low. The EUR/USD erased its post Fed meeting gains yesterday, but seems resuming its ascent with lower US bond yields this morning.

us-10-years-bond-yield
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-power
April 5, 2022

Neutral carbon and easing power prices

The NWE power spot prices observed mixed variations yesterday, the French prices strongly correcting downward from its peak amid forecasts of lower demand and improved…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet?  Sign up here!

[booked-calendar]