Yields Head Higher Following Robust Wholesale Inflation Report

EGB yields are heading south again as stock markets move down. Bunds are outperforming despite robust data, after dovish comments from Praet and amid intra-Eurozone safe haven flows as Spanish markets are under pressure again. Puigdemont’s flight to Belgium has dragged other EU countries into the Catalonia conflict and highlighted ongoing political risks. Stronger than expected EU sentiment was offset by a jump in wholesale prices inflation.

Continue reading: https://www.iforex.com/news/yields-head-higher-following-robust-wholesale-inflation-report-44505

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