1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

US-German 10-yr yield spread at 146 bps ahead of ECB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Mumbai) - The benchmark 10-yr US-German bond yield spread improved to 146 bps ahead of the European Central Bank meeting due today.

    Yield spread advanced

    The spread advanced from 143 bps seen on Wednesday. Moreover, the German yields dropped to two-week lows last week as markets speculated that the ECB would hint at an extension/expansion of its QE program and/or rate cut.

    However, German yields rallied on Tuesday, pushing the spread lower to 143 bps. However, expectations of more are on the rise again today, which pushed the spread higher to 146 bps.
    For more information, read our latest forex news.
     

Share This Page