Bond Market Is Starting to Believe ECB Higher-for-Longer Pledge

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

ประเทศไทย ข่าว ข่าว

(Bloomberg) -- The European Central Bank’s message that interest rates will stay higher for longer is finally sinking in with the bond market.

Traders are selling German 10-year government securities — the benchmark for long-term borrowing cost in Europe — at the fastest pace since February this month, driving the yield to its highest since 2011.

The 10-year German bond yield climbed above 2.80% — more than 30 basis points higher this month. The euro, meanwhile, has been in locked in a downward spiral for more than two months, weighed down by mounting fears over stagflation. It was trading around $1.0635, around its lowest levels since May. The repricing in Europe is driven in part by data out of America last week showing the economy remains far stronger than many expected after the Federal Reserve’s own aggressive hiking campaign.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 83. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Bond Market Faces Quandary After Fed Signals It’s Almost DoneBond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »

Bond Market Faces Quandary After Fed Signals It’s Almost Done(Bloomberg) -- Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsAI Fantasy Fades as Wall Street Reels From Real-World
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Foreigners Set for Bigger Play in $1 Trillion India Bond MarketIndia’s $1 trillion government bond market has struggled for years to rise above the criticism of being insular.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »