Mmastodon BusinessFinance first seen 17 h ago, last 1 h ago, peak #1
Softer European data easing pressure on global bond yields
Original: What happens Across the Pond is helping our Bond market. Softer economic data out of Europe is helping European 10-year
Weaker-than-expected economic data out of Europe is pushing European 10-year bond yields sharply lower, and that softening is rippling through to global bond markets, including the United States. French officials are also discussing quantitative easing, meaning bond purchases, adding to the downward pressure on yields.
Why now: Falling European yields are easing pressure on the US bond market, a development investors and mortgage watchers are following closely.
European UnionFranceEuropean bond marketUnited States
Rank over time, top of the chart is #1. 21 snapshots from 17 h ago to 1 h ago.
Evidence
- What happens Across the Pond is helping our Bond market. Softer economic data out of Europe is helping European 10-year yields move sharply lower, which in turn is helping global yields moderate. France is talking Quantitative Easing (QE), or in real English, buying bonds. Not… · mortgagenews.blog@mortgagenews.blog · 5
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