Wake Up Call: Bond yields up again as oil surges

Oil prices rose over US$70 a barrel, adding to bond market fears about inflation this morning.

Tue, 09 Mar 2021

Summary: Oil prices rose over US$70/bbl a barrel, adding to bond market fears about inflation this morning. Bond yields edged up again in America and Germany on disappointment central banks haven’t done enough bond buying (yet) to hose down the recent spike in long-term interest rates. Also, New Zealand’s Fertility Associates is up for sale on both sides of the Tasman and Chinese exports are going gangbusters on huge demand for working from home devices and medical gear.Inflationary attack: Brent crude oil futures prices jumped from...

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