Mmastodon BusinessFinance first seen 19 h ago, last 2 h ago, peak #1
Softer European data eases 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 yields sharply lower, and that decline is spilling over to help moderate yields elsewhere, including the United States. Attention is also on France, where discussion of a quantitative easing-style bond-buying programme is adding to the trend, with markets watching what further European weakness means for borrowing costs.
Why now: European economic weakness is lowering global yields, which matters for mortgage and borrowing costs, especially with French bond-buying talk in play.
FranceEuropean Union10-year bond market
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
API: https://socialmediatrends-api.osmike.com/v1/trends/1263929