EnergyScan

US bond yields keep on rising. Second impeachment against Donald Trump

Democratic lawmakers of the House of Representatives have launched for the second time an impeachment against the US President. US equity markets were down yesterday, as the strong rise in bond yields raises many doubts about the sustainability of stretched valuations. The USD strengthened as well (EUR/USD touched 1.2132), but these trends seem already reversing, as Mr. Biden is expected to unveil the details of its fiscal plans on Thursday, which supports recovery expectations.

us 10 years bond
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ES-gas
January 21, 2021

European prices fell slightly

European gas prices weakened overall yesterday, as the easing of the tension on Asian markets exerted downward pressure. Indeed, JKM spot prices weakened again yesterday,…
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