Markets The very long end of global yield curves continues to catch most attention. The US yield curve bear steepened yesterday in absence of any particular economic or monetary input. Daily changes on the curve ranged between +0.6 bps (2-yr) and +4.7 bps (30-yr). The US 30-yr yield yesterday topped 5.3% for the first time […]
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In focus today In Germany, the ZEW indicator for August is released. The assessment of the current situation is expected to increase by consensus due to the ongoing resilience of the economy amid the energy Read more…
UK labor market continued to soften in July, with early payroll estimates showing employee numbers falling by -13,000 from June and by -94,000 from a year earlier. June’s monthly decline was also revised from -4,000 Read more…
Wall Street has spent this year waiting for prices to calm down. The thinking was simple. The war with Iran pushed oil up in February; the shock would wear off, and the Fed would go Read more…