EU is reportedly considering a massive joint bond sale to finance defence and energy, according to Bloomberg citing source; plan could be announced as early as this week
Reaction details (08:19)
Shortly after the headline was squawked, risk-on sentiment was seen across the markets whereby:
-
Bund Jun 22 fell from 166.80 to 166.06; 10yr cash yield back above 0% -
Dax Mar' 22 rose from 12,700 to 12,845. -
DXY fell from around 99.230 to 98.977. -
EUR/USD rose from 1.0860 to 1.0901. -
Brent May'22 fell from 125.40 to 124.50. -
Spot Gold fell from 2,015 to 2,000.
08 Mar 2022 - 08:11- EnergyImportant- Source: Newswires
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