German yields eye biggest jump since Mar 2020 ...Middle East

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German yields eye biggest jump since Mar 2020
source : Devdiscourse ( Middle East ) () 20
Benchmark German bond yields were set for their biggest daily rise since March 2020 on Thursday as the U.S. Federal Reserve's meeting minutes and Chinese stimulus reports added to the tussle between inflation and recession fears gripping markets. Minutes of the bank's June meeting showed officials rallied around the outsized 75 basis-point hike and a firm restatement of intention to get prices under control, with many judging there was a significant risk that elevated inflation could become entrenched if the public started to question the bank's resolve.

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