The selloff in bond markets continued amidst expectations of higher growth and inflation in the US under Trump’s presidency. The10-year Treasury yield soared +7 bps to 2.22%. Led by US Treasury, 10-year Bunds and Gilts also climbed higher, rising +0.5 bps and +4 bps respectively. Yet, ECB’s Vitor Constancio warned that, while Trump’s presidency might lead to higher US growth…
The post Bond Yields Firmed on Conviction that Higher Growth and Inflation Warrant Rate Hike appeared first on crude-oil.top.