Treasury yields drop despite easing tensions in Europe’s banking sector


U.S. bonds resumed their rally, pushing 2- through 30-year yields lower once again, Thursday morning even after efforts to help Switzerland’s Credit Suisse eased tensions in Europe’s banking sector.

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On Thursday, the ECB followed through with its plan to raise interest rates by a half-percentage point, given inflation that’s projected to remain high. As with the Federal Reserve, investors fear the ECB’s ability to tackle inflation by lifting rates has been compromised…

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