Fixed-income: The US 10-year yield is on the loose

The US 10-year yield is breaking on a combination of improved economic activity in the US since May and recently a rally in oil lifting energy prices and inflation expectations. We talk about the upside and downside case on bonds, and finally we talk about interest rates in Europe and why higher bond yields in Europe are sending a different signal than in the US, with Peter Garnry and Oskar Bernhardtsen. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo