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The party source also reaffirms that they have reached a deal with the incoming government on the matter. That’ll be the end of that and all of this will just continue to keep the animal spirits well alive for the euro and the DAX. German bonds are continuing to be crushed with 30-year yields now up to 3.24% and nearing the October 2023 high of 3.26%. A break of which will see it rise to the highest since 2011.
This article was written by Justin Low at www.forexlive.com.
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