Europe's energy shock is feeding into inflation. Spain's rate hit 5.0% in September, while Italy climbed to 4.2% as energy prices surged. The ECB now faces a tougher balance between inflation and growth. #Europe#ECB#Energy#Inflation
Utilities may face pressure from regulators as affordability concerns grow. The sector earned roughly 10% on equity versus an estimated 7-8% theoretical cost, leaving allowed returns vulnerable to cuts. #Utilities#Power#Energy#Inflation
Europe's gas shock could reach consumers faster than in 2022. The ECB says wholesale gas moves now feed into retail prices within 1-3 months across more than half the Eurozone, increasing near-term inflation pressure. #NaturalGas#Europe#Inflation#ECB
Global bond markets are selling off as higher energy prices revive inflation fears. U.S. 10-year Treasury yields topped 5% for the first time since 2007, while UK 30-year gilt yields approached 6%. #Bonds#Inflation#Oil#BankOfEngland
🚨 US 10-year Treasury yields have climbed above 5%, reaching levels briefly seen in 2023 and, before that, in 2007.
The sharp bond sell-off comes as traders reassess the outlook for US monetary policy, with higher oil prices reviving inflation concerns and raising the possibility that the Federal Reserve may need to keep rates higher for longer — or even hike again.
The 10-year yield started the year at 4.15%, fell below 4% in February, and has since surged toward 5%.
Why it matters: the 10-year Treasury is a key benchmark for borrowing costs across the economy, influencing mortgages, corporate financing and other loans.
🇷🇴 In Romania, the 10-year government bond yield also edged higher to 7.23%, up 0.01 percentage points on the day and 0.3 points over the past month.
