🧵 1. Germany's 2-year bond yield hits 15-year high, signaling expectations of further interest rate hikes globally. Yields move inversely to prices. #business
🧵 1. Germany's 2-year bond yield hits 15-year high, signaling expectations of further interest rate hikes globally. Yields move inversely to prices. #business
🧵 2. US private payrolls surged in June, contributing to the rise in global bond yields. Market analysts speculate the Federal Reserve may tighten policy further.
🧵 3. Traders coming to terms with the reality of higher interest rates for a longer period. As fixed income weakens, enthusiasm for bonds declines. Italy's 10-year yield also rises.
🧵 Read more at: https://www.investing.com/news/economy/german-twoyear-bond-yield-hits-highest-since-2008-3120855