Germany's three-year yield turns positive with Treasury sell-off
German bond yields surged to multi-year highs on Friday and the three-year yield turned positive for the first time since 2014, dragged higher by a jump in U.S. Treasury yields.
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German bond yields surged to multi-year highs on Friday and the three-year yield turned positive for the first time since 2014, dragged higher by a jump in U.S. Treasury yields.
LONDON--The Bank of England raised interest rates again on Thursday in a bid to stop fast-rising inflation becoming entrenched, but it softened its language on the need for more increases as households face a huge hit from soaring energy bills.
Gold futures fell 0.5% to $1 937.50 an ounce.
Global financial conditions, perceived as strongly correlated with future growth, are at the tightest in two years, driven ...
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