Markets - Financial - 2021-02-24
Traders push yields higher as inflation concerns linger
Financial

Traders push yields higher as inflation concerns linger

  • The benchmark 10-year yield was up 4.1 basis points at 1.4046% in morning trading, its first time above 1.4% since a year ago, and reached as high as 1.435%
  • Patrick Leary, chief market strategist and senior trader at Incapital, said the trading could also be a sign of investor skepticism about Powell's reassurance.
Published 24 Feb, 2021 09:09pm
Germany's profit from public debt may reach 600 million euros by 2029: document
Financial

Germany's profit from public debt may reach 600 million euros by 2029: document

  • The calculations are likely to fuel a debate in Germany about when Berlin should end massive deficit-spending triggered by the COVID-19 pandemic, and return to the fiscal rules of a debt brake that parliament suspended for 2020 and 2021.
  • Deputy Finance Minister Bettina Hagedorn said the calculations were only estimates and fraught with uncertainty due to the long time period.
Published 24 Feb, 2021 07:56pm