NewsFeeder
02-01-2018, 08:50 PM
Blowout in bond yields rattles Asian stocks, buoys euro
The euro neared multi-year peaks on Friday as talk of policy tightening in Europe and expectations that inflation is set to gear higher drove up borrowing costs globally, a move that sparked a sell-off in Asian equities. Global central banks have recently struck a more hawkish tone with impressive economic data and buoyant oil prices driving up long-term inflation expectations. The European Central Bank, for one, is widely expected to end its asset-purchase programme as early as September.
https://finance.yahoo.com/news/blowout-bond-yields-rattles-asian-024846796.html?.tsrc=rss
The euro neared multi-year peaks on Friday as talk of policy tightening in Europe and expectations that inflation is set to gear higher drove up borrowing costs globally, a move that sparked a sell-off in Asian equities. Global central banks have recently struck a more hawkish tone with impressive economic data and buoyant oil prices driving up long-term inflation expectations. The European Central Bank, for one, is widely expected to end its asset-purchase programme as early as September.
https://finance.yahoo.com/news/blowout-bond-yields-rattles-asian-024846796.html?.tsrc=rss