It is indicative that today the head of the Central Bank of Spain des Cos said that the ECB has already done enough to deal with the rise in inflation
Bond prices are moving upwards today, with the result that their yields are de-escalating.
The climate in the bond market appears to be shifting as investors, anticipating a possible escalation of the crisis in Israel, which will have a negative impact on the global economy, turn to safer positions.
At the same time, the expectation for “freeze» of its interest rates ECB.
It is indicative that today the head of the Central Bank of Spain des Cos, said that the ECB has already done enough to deal with the rise in inflation.
Despite this, as she said, she is obliged to keep all her options open in the event that, due to the latest events, pressures are again caused on the price front.
In the secondary bond market today, and more specifically in the Electronic Transaction System (HDAT) of the Bank of Greece, transactions of 56 million euros were recorded, of which 44 million euros related to purchase orders.
The yield of the Greek 10-year bond was formed to 4.20% from 4.37% which closed yesterday, against 2.72% of the corresponding German title, with the result that the margin was formed at 1.48% from 1.55% yesterday.
In the foreign exchange market, the euro is moving upwards against the dollar, with the result that in the afternoon the European currency trades at 1.0617 dollars from the level of 1.0593 dollars, which opened the market.
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