Market Comment | US Treasury yield and Oil prices break their recent highs

Summary

  The 10 year UST yield reached its highest level since 2014 and broke the 3% threshold today. Inflation expectations (in a context of increasing oil prices) and the diminishing trade and political concerns continued to push sovereign yields up. European yields remained almost unchanged despite the slightly worse-than-expected confidence indicators (IFO) (see).  Peripheral risk […]

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