Markets Aren’t Looking for Rates to Come Down Before 2028
Source: Macrobond, ING
This is where we disagree.
Yes, the ECB may well hike again this summer. But the bigger story is that across the US, Europe and Britain, we think rates…
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Now…
Rising tensions between Tigray People’s Liberation Front (TPLF) hardliners and the Ethiopian government have threatened to reignite the conflict in northern Ethiopia and undermine peace and security across…
The 10yr yield is up, back to the 4.45% area. The rise in the 10yr yield came from a bigger pop in the real yield versus the fall in breakeven inflation. Long-dated yields are liable to remain sticky to the upside. In the UK, we think…