European Rates Continue to Surge, Sending Stocks Spiraling Lower
Marc Chandler
December 16, 2022
Overview: Seven of the G10 central banks pumped the
brakes between last week and this week as they purposely seek to push demand
back into line with supply. And there are more signs that they are succeeding
in weakening growth impulses. The dramatic surge in European bond yields
continues today with 10-year rates mostly rising another 13-15 bp. It…
European Rates Continue to Surge, Sending Stocks Spiraling Lower
Reviewed by Marc Chandler
on
December 16, 2022
Rating:
