This is for real now
- Macro-economy
- February 26, 2021
Losses on bond markets worsened sharply yesterday, especially in the US, where the 10y bond yield briefly jumped above 1.6%. The US stock market registered a big downward correction, tech stocks giving up more than 3.5%. The rise in interest rates constitutes a very serious threat for all risky assets whose valuation has sometimes reached levels considered to be very excessive. Central banks may be forced to intervene again to cap this rise, but that could also exacerbate the problem. The market seems calming down this morning, but that may only be a respite. The EUR/USD that reached 1.2243 has fallen back to 1.2140 on stronger risk aversion.
Share this news :
You might also read :
The European power spot prices observed mixed variations yesterday, slightly up in France amid expectations of lower nuclear availability, but down in Belgium, Germany, and…
October 4, 2021
Prices weakened at the close, but the uptrend is ongoing
European gas prices weakened overall at the close on Friday. They started the session sharply higher, supported by the drop in Russian supply (to 263…
June 9, 2021
Repricing summer barrels
ICE Brent prices hiked to 72.6 $/b, as US diplomats cast doubt on a rapid return to the market of Iranian barrels. The sour crude…
Subscribe to our newsletter