Market Comment | Upward trend in yields continues

Resumen

Inflationary expectations continue to fuel the global bond sell-off. Last week’s bond sell-off continued, as government bond yields increased across the board, led by the US Treasury, fuelled by a sharp rise in inflationary expectations (5Y5YUS 2.48%). Bond yields also increased in Europe, with a slight increase in peripheral risk premiums and in emerging markets […]

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