The global surge in bond yields is being driven by more than just rising oil prices. Markets are increasingly concerned that central banks’ reluctance to act decisively could allow inflationary pressures to spiral out of control. Against this backdrop, the Fed may need to adopt a more hawkish stance. Let’s examine the situation and develop a trading plan for the EUR/USD pair.
Major Takeaways
Yields on 30-year Treasuries have reached their highest level since 2007.
Markets are concerned that inflation could spiral out of control.
The Fed may start considering raising interest rates.
Short trades on the EUR/USD pair can… Read full author’s opinion and review in blog of #LiteFinance
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