A slower-than-expected vaccine rollout and the rise of coronavirus variants may make attaining herd immunity against COVID-19 difficult, but that should not stop the economy from rebounding, according to a U.S. central banker Thursday.
Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Recasts lead, adds fund manager quotes, background)
MILAN, Feb 12 (Reuters) - More signs of rising inflation in the U.S. triggered a late rise in euro zone borrowing costs, with the Italian-German yield spread hovering around its tightest since 2015 as Mario Draghi looked set to take office as Italian prime minister.
U.S. Treasury yields rose and inflation expectations jumped to their highest levels since 2014 on Friday, a day after the U.S. Treasury Department cited weak demand for a sale of new 30-year bonds.
Having secured the endorsement of almost all Italy’s political parties, former European Central Bank chief Draghi is likely to present his list of ministers to President Sergio Mattarella on Friday and unveil his policy programme next week in parliament.
It's the Lunar Year of the Ox. Since the same Chinese character can be used to denote a bull, some investors might see that as a good omen for world markets.
Coronavirus infections have started to rise again in Hungary, probably due to the spread of the British strain of the virus, Prime Minister Viktor Orban told state radio on Friday.