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UK 10-year Gilt Yield Hits 9-week High

The UK’s 10-year gilt yield remained around 4.7% after the Bank of England kept interest rates steady as expected, signaling a gradual and cautious approach to further loosening amid persistently high inflation and weak growth. While there has been notable progress in disinflation in...

Eurozone Consumer Confidence Falls Unexpectedly

The Euro Area consumer confidence indicator dropped to -14.5 in March 2025, down 0.9 points from February, defying market expectations of an improvement to -13.0, according to a preliminary estimate. Meanwhile, consumer morale across the European Union fell by 1.0 point, reaching -13.9.  source: European Commission

Yield on 10-year US Treasury Note Falls 4.2%

The yield on the 10-year US Treasury note fell to 4.2% on Friday, approaching the lowest in over two weeks as markets continued to assess risks of an economic slowdown and how the Federal Reserve would react. The Fed held its rates unchanged this...

Canada’s Retail Sales Fall For a Second Month

Retail sales in Canada are expected to fall by 0.4% from the previous month in February of 2025, according to preliminary estimates. That is due to follow a 0.6% decline in January to C$69.4 billion, revised earlier from the preliminary estimate of a 0.4%...

CBI: UK Factory Orders Fall

The Confederation of British Industry's (CBI) monthly net balance of new orders slipped to -29 in March, from -28 in February, well below its long-run average of -13, signaling ongoing struggles in the UK’s manufacturing sector. British factories reported a downturn, with rising taxes...