Markets Disappointing EMU Q4 growth yesterday triggered a bull steepening on EMU yield’s markets. Today, softer than expected domestic price data continued this dynamic. French HICP inflation declined 0.2% M/M, slowing the Y/Y measure from 1.9% to 1.8% (1.9% expected). German Länder data published throughout the morning also suggested a downside CPI surprise. The domestic […]

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