German 10y yields are at their highest level since 2011! EUR 5y5y inflation swaps are at their highest level since 2012. 2y EUR swap rates haven't been this high since 2008. The "risk of recession can now be ruled out", according to Bank de France's Villeroy yesterday. That seems to be the market's conclusion as well after better-than-expected economic key ...
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Mar 2, 2023, 11:42pm
Fundamental: EUR rates: 4% is the new 3%
German 10y yields are at their highest level since 2011! EUR 5y5y inflation swaps are at their highest level since 2012. 2y EUR swap rates haven't been this high since 2008. The "risk of recession can now be ruled out", according to Bank de France's Villeroy yesterday. That seems to be the market's conclusion as well after better-than-expected economic key ...
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