Bund yields hover near 17-year highs as ECB rate bets firm
Bund yields hovered near 17-year highs as traders paused after raising bets on further ECB rate increases. The deposit rate was briefly priced above 3.5% this week amid persistent inflation concerns.
Euro zone benchmark Bund yields hovered near 17-year highs on Wednesday as traders paused after stepping up bets on further European Central Bank rate increases amid persistent inflation concerns. 5% this week. Markets were also awaiting the Federa…