Not exact matches
The
German lender believes European banking stocks and diversified financials should benefit the most from the
rise in
yields, outperforming other European sectors by around 10 percent.
The
rise in Treasury
yields leaves them at the highest since mid-2014 though the move had been paused in Europe as lower - than - forecast early
German inflation numbers had nudged its borrowing costs lower.
Poland's 10 - year government bond
yield rose 7 basis points to 3.14 percent, its highest level in four weeks,
rising more than U.S. and
German yields which it often tracks.
Smaller - than - expected announcements of the
German current account and trade balance were associated with
rising yields at both ends of the
yield curve.
It was pressured down to its low by a
rising dollar (DX from 89.88 — 90.20, 2 - week high), which was boosted by a softening yen (107.35 — 107.70,
rising US
yields) a continued decline in the pound ($ 1.4095 - $ 1.4035, fallout from BOE's Carney comments that they could hold off raising rates next month), and a pullback in the euro ($ 1.2350 - $ 1.2295, miss on
German PPI).
A
rise in the US 10 - year
yield to 2.998 % (4 - year high) was dollar supportive, and
rise in global bond
yields also weighed on gold with the
German Bund (0.603 % - 0.639 %), UK Gilt (1.49 % - 1.53 %) reaching 1 - month highs.
And while we're starting to see is that the bond
yields on the
German, Japanese and United States government bonds are beginning to all
rise.
On Wednesday,
German ten - year bonds dropped, causing the
yield to
rise six basis points higher.
German yields also
rose in February, though by less than Treasury
yields, and have subsequently fallen back to their lowest level in the post-War period (Graph 17).
The
rise in
yields as prices fall makes more
German debt eligible for ECB purchases, under its own arcane rules.
Yields on
German 10 - year bonds have
risen by around 30 basis points since June 27, when comments by European Central Bank President Mario Draghi were interpreted as a sign the bank was more willing to stop bond purchases and increase interest rates.
German bunds have largely been range - bound in the sub 0.10 % level, while U.S. Treasury
yields have
risen nearly 100 bps in the past year.
Rapidly
rising rates undermined confidence in equity markets in those episodes, which included the «taper tantrum» of 2013 in response to Federal Reserve hints about tapering and the 2015 spike in
German bond
yields.
To create these, Boyce first applied beige primer to perforated steel panels, then layered on pale washes in
rose, aqua, or yellow — colors selected from the
German RAL system —
yielding streaked and muted pastel fields.
We expect a slight fall in
German Bund
yields (perhaps by 10 basis points) to be accompanied by a
rise in
yields on peripheral euro area bonds before possible intervention by the European Central Bank steadies the fixed - income market.