Fundamental: Markets Today: China bouncing back, BoE holding back, Treasury yields kick higher

The US 10yr finally breached 4.00% for the first time since November, following five days of resistance. The 10yr yield rose +8.0bps to 4.0% overnight. A hot German CPI (9.3% y/y vs. 9.0 expected) and renewed price pressure in the Manufacturing ISM drove (ISM Prices Paid 51.3 vs. 46.5 expected), while risk assets were mixed given the strong China PMIs ...     Alert Mar 2, 2023, 5:46am Fundamental: Markets Today: China bouncing back, BoE holding back, Treasury yields kick higher The US 10yr finally breached 4.00% for the first time since November, following five days of resistance. The 10yr yield rose +8.0bps to 4.0% overnight. A hot German CPI (9.3% y/y vs. 9.0 expected) and renewed price pressure in the Manufacturing ISM drove (ISM Prices Paid 51.3 vs. 46.5 expected), while risk assets were mixed given the strong China PMIs ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support