7 May 2015
European bond sell-off deepens – TradeTheNews
FXStreet (Barcelona) - The TradeTheNews Team share the key developments in the European bond markets.
Key Quotes
“European bond sell-off continued and higher an acceleration mode.”
“EUR/USD tested 10-week highs at 1.1391 aided as German 10-year Bund Yield moved above its 200-day moving average of 0.653% to approach 0.75% (**reminder: the yield was just at record lows of 0.05% just two weeks ago).”
“Italy 10-year govt bond yield moved above the 2.00% level for fresh 2015 highs”
Key Quotes
“European bond sell-off continued and higher an acceleration mode.”
“EUR/USD tested 10-week highs at 1.1391 aided as German 10-year Bund Yield moved above its 200-day moving average of 0.653% to approach 0.75% (**reminder: the yield was just at record lows of 0.05% just two weeks ago).”
“Italy 10-year govt bond yield moved above the 2.00% level for fresh 2015 highs”