European Stocks Down, Yen Hits 20-year Low as US Hikes Loom
Posted: Tue Apr 19, 2022 1:42 pm
LONDON—European shares were lower on Tuesday, while yields on 10-year U.S. inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive Fed tightening to rein in inflation kept investors on edge. Investors were also preparing for the next barrage of company earnings that will help them assess the impact of the Ukraine war and a spike in inflation. Heineken, Nestle, and Renault report out of Europe this week. Netflix, Tesla, and Verizon are scheduled to report this week from the United States. Yields on 10-year U.S. inflation linked bonds held near the two-year highs they reached on Monday, and are within touching distance of turning positive for the first time since the onset of the pandemic. ...
Source: https://www.theepochtimes.com/european- ... 13103.html
Source: https://www.theepochtimes.com/european- ... 13103.html