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Mortgage rates continued to climb this week as U.S. bond yields hit their highest level since 2008. Despite the turbulence, some analysts said a debt crisis is not imminent.
The dramatic rise of the 10 year Treasury yield above 4% in recent weeks likely marks a peak level for the benchmark rate in this cycle, according to Patrick…
The dramatic rise of the 10 year Treasury yield above 4% in recent weeks is likely a peak for this cycle, says Patrick Saner, head macro strategy at Swiss Re.
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Inflation in the euro area is too high for comfort, meaning markets expect the European Central Bank to deliver its seventh straight interest rate hike on Thursday.
LONDON (Reuters) - Inflation in the euro area is too high for comfort, meaning markets expect the European Central Bank to deliver its seventh straight interest rate hike on Thursday. | 02:19am