Good Morning from Germany where the transatlantic gap keeps rising, at least in the bond market. US/German 10y yield spread has climbed to 164bps, highest since March 2020 because the reflation trade is even more pronounced in the US than in Europe.

by Holger Zschaepitz
Good Morning from #Germany where the transatlantic gap keeps rising, at least in the bond market. US/German 10y yield spread has climbed to 164bps, highest since March 2020 because the reflation trade is even more pronounced in the US than in Europe. https://t.co/ej0MEnDzC3

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