It’s the weekly bond edition of What the FICC?
Developed European benchmark interest rates are posting fresh highs. Those potential failed breakouts back in early January have quickly turned into nothing more than false or premature moves.
And while US yields continue to climb, their recent rise pales compared to their European counterparts.
Check it out!
For the past year and a half, we have turned to developed European yields for insight into the direction of domestic interest rates.
The analysis proved insightful as the rising rate environment has been global in scope. And the market continues to support this approach.
Click here to read the post.
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