Falling Oil, Rising Yields: What It Means for the ECB’s Balancing Act
The Move Two moves from today’s session matter most for the European policy conversation, even though neither originated in Europe. West Texas Intermediate crude fell 2.53% to $92.22, while the US 10-year Treasury yield climbed 4 basis points to 5.20%. Neither number is European, but both feed directly into the calculus the ECB has to … Read more