TVC:DE10Y German Government Bonds 10 YR Yield
Been calling this the last few days. German Bund yields beginning to break back higher again. Inflation NOT transitory. ECB next week. Could be headed back above 2% soon.
Now 2.04% and likely headed to 2.25%
Now 2.3% and likely headed for 2.5%+ over coming weeks/month or two
Bund yield now +50bps in the last 2 weeks to 2.40%. Just a short hop to 2.5% over next week or two.
Bingo 2.5%. Next stop is 2.55%+ which would be 11 year highs......
Been posting about the generational bull market in inflation and yields since the 2020 lows. Will take many years to play out. 10yr Bund yields now near to 2.7%.