The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, October 2, 2017. (REUTERS/Staff/Remote)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Germany led a rise in bond yields across the euro zone on Tuesday as strong U.S. data reinforced expectations of another interest rate rise this year by the Federal Reserve.Most bond yields in the bloc were up 2-4 basis points on the day. Germany's benchmark 10-year yield rose 4 bps to 0.49 percent, heading back towards 8-week highs hit last week after a tax plan from the U.S. administration renewed reflation bets.Two-year U.S. Treasury yields hovered near 9-year peaks hit on Monday.The gap over German Bund yields narrowed to around 121 bps, having been at its widest level in around four months on Monday at around 126 bps.
FOLLOW THIS ARTICLE