07.05.2015 - Rises in yields, commodities hint at global reflation
A rapid revival of commodity prices and a sudden sell-off in top-rated, low-yielding bonds have signalled the passing of this year's global deflation scare, forcing a rethink of both the consumer price outlook and investments worldwide. The epicentre of the rapid slide in bond prices has been the euro zone, where yields on 10-year German paper have more than quadrupled to 0.595 percent in just five days, erasing all the price gains made this year. Specific triggers for the turnaround since last week are hard to identify, but the continued recovery of oil prices and news of the euro zone emerging from four months of deflation may have been tipping points...............................................Full Article: Source
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