Bond yields rose on Thursday, as the resumption of gas flows to Europe through a crucial pipeline reduced concerns about a sharp economic slowdown on the...
Bond yields rose on Thursday, as the resumption of gas flows to Europe through a crucial pipeline reduced concerns about a sharp economic slowdown on the continent.
What’s happening The 10-year to 2-year spread of minus 19.2 basis points means the yield remains near its most inverted since the great financial crisis, potentially signaling a looming economic downturn. U.S. Treasury yields rose in line with German peers, with 10-year bunds TMBMKDE-10Y up 1.6 basis points to 1.275% as the market also waited to see by how much the European Central Bank would raise interest rates on Thursday.
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