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Bond yields surge to two-month high following ECB minutes

Published 07/06/2017, 08:28 AM
Updated 07/06/2017, 08:28 AM
© Reuters.  Bond yields surge to two-month high following ECB minutes
  • ECB policymakers last month discussed dropping the bank's longstanding pledge to increase/extend QE. The news is adding to pressure on European stocks (now down more than 1%), and sending the euro and EU bond yields higher.
  • On this side of the pond, S&P 500 futures are down 0.4%, and Nasdaq 100 1%. The 10-year Treasury yield is ahead a full six basis points to 2.38% - it's highest level since early May, and up 24 basis points in just the last handful of sessions.
  • TLT -0.8%, TBT +1.6%
  • ETFs: TLT, TBT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, UBT, TLO, DLBS, VUSTX, TYBS, DLBL
  • Now read: Questions


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