How far will the US bonus go and how much does it drain the European Stock Exchange
Así afectaría al parqué un escenario de petróleo a 150 dólares y deuda al 6%. Leer
The recent surge in the 10-year US bond yield above 5% has sparked debate in the market. Some attribute the increase to the strong US economy and high investment, while others blame the rising oil price due to the Iran conflict. Strategists David Zervos of Jefferies and Steven Blitz of TS Lombard believe that in the short term, oil price fluctuations are driving the increase in bond yields.
According to Blitz, a $1 increase in WTI oil price leads to a 2 basis point increase in the 10-year US bond yield, which could reach 6% if WTI reaches $140 and Brent reaches $150. UBS estimates that a 10 basis point increase in US bond yields could lead to a 1% drop in European stock markets.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
