The yield on the 10-year German bund, arguably the most important financial instrument in Europe, reached the 1% level on Tuesday for the first time in...
The yield on the 10-year German bund, arguably the most important financial instrument in Europe, reached the 1% level on Tuesday for the first time in nearly seven years.
Fortunes... The yield on the 10-year German bund, arguably the most important financial instrument in Europe, reached the 1% level on Tuesday for the first time in nearly seven years. Fortunes have changed on expectations the European Central Bank will make its first interest-rate hike of the cycle as early as July, and possibly move rates into positive territory by the end of the year.
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