Scoreboard: European ease

European bonds rallied on expectations the ECB will soon take action to deal with low inflation, while equities on both sides of the Atlantic had a sluggish session.

The most amazing price action for last night was the fairly solid bond rally. The 10-year bond yield at 2.44 per cent is now at its lowest since June last year. It wasn’t just a US phenomenon either; German bunds were off about 6 bps to 1.3 per cent and UK gilts and Italian and Spanish bonds all followed suit.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles