Market Comment | An increase in sovereign yields dragged down stocks
Published on Thursday, July 6, 2017
Market Comment | An increase in sovereign yields dragged down stocks
Summary
Volatility increased in financial markets in today’s session, especially in Europe, driven by the continuing sovereign bond sell-off. Behind this performance, there are a number of factors: disappointing debt auctions and central banks’ minutes. Following this rise in yields, stock prices declined across sectors and countries due to valuation factors. Moreover, commodity prices increased on […]
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BBVA Research
BBVA Research
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