Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
Everything is fine, but the decline in bond yields looks strange – EnergyScan

Everything is fine, but the decline in bond yields looks strange

US equities edged down after their strong rally, but European equities kept on increasing, even erasing all their pandemic losses. Risk appetite was supported by further fall in bond yields, the US 10y even trading 10bp below its peak of last week, which looks a bit strange given the economic news flow in the US. The IMF revised its global growth forecasts higher, even for the euro area. The EUR/USD rebounded further near 1.1880, which also looks a bit premature. The release of the Fed minutes this evening will be the main event for markets today with services PMIs in Europe.

world economic outlook imf april 2021
Share this news :

You might also read :

ES-oil
October 12, 2021

Oil-to-gas switching still not materialising

Crude prices remained supported by the rest of the commodity complex, with the White House urging OPEC+ nations to increase their output. Since last Friday, the…
ES-oil
April 21, 2022

Oil is stable, market is waiting

Crude oil prices were sideways on Wednesday. Brent first nearby prices decreased by 0.4% to close at $106.70/b while WTI prics did not move to settle at…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]