Improving economic expectations for the US and Germany have seen indices continue to press the highs but what do the bond markets have to say?
- US bond markets have seen rising yields but Yellen’s comments may point towards a reversal in the near future
- S&P 500 pushing to new highs as economic expectations for the US remain strong for Q2
- DAX 30 has broken clearly above 9,800 and now wants to test 10,000 as German data looks set to improve
- EUR/USD is under pressure but traders need to be careful as short positions continue to build up ahead of the ECB meeting
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Video content by Michael Hewson of CMC Markets.