Overbond Weekly EUR and USD Bond Market Update

German yields were seen marginally lower over the past week, led by the belly of the curve. 10-year yields fell about -2 bps to current levels near -.18%, all of it from declines in real yields as inflation expectations held steady. Oa a year-to-date basis, German nominal 10-year yields are up close to +40 bps,…

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Weekly EUR and US Market Update

German yields moved higher over the past week, but remain lower on the month. 10-year benchmark Bund yields backed up to -.18% on a +5-basis point rise since last Wednesday, and as in the US, the 5-30s curve flattened. In credit, 10-year investment grade spreads narrowed in marginally to +87 bps, holding however to the…

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Bond market becomes battleground for fight over inflation

Inflation is on the rise, but bond markets are shrugging off the higher readings. Source: Yahoo Finance On Thursday morning, fresh data from the Bureau of Labor Statistics showed prices across the board increasing by 5.0% year-over-year, the fastest pace for the Consumer Price Index since August 2008. U.S. Treasuries barely flinched in the hours following the…

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