Markets Unexpectedly accelerating inflation in France and Spain set the tone right at the start of European dealings. Core bonds slid with European bonds evidently underperforming US Treasuries. German yields rose 6.2-7.6 bps across the curve with a slight underperformance at the belly. The 10y yield closed above 2.57% resistance to set a new cycle high. […]
The post Hawkish Central Bank Policy to Remain in Place for Longer appeared first on Action Forex.