(Reuters) – Euro zone yields hit fresh multi-year highs on Wednesday, with German real yields rising above zero for the first time since 2015 on expectations and fears of monetary tightening A potential increase in public spending will increase the supply of bonds.
The euro zone benchmark German 10 annual government bond yield rose 5 basis points (bps) to 2.3% after hitting a new near
– The yearly high is 2.309%.
Germany – annual inflation-linked yield rose 5 basis points to 0. 01%, the highest in June 2015.
“ECB communication sounds more and more like the Fed. Officials are now acknowledging the possibility of a recession, which alone will not be enough to lower inflation or deter ECB action. Tightening mission,” ING analysts said in a note to clients.
