Saturday, April 15, 2006 

Commodity prices add to inflation concerns 

Commodity prices are on the up, which is adding to inflationary concerns and it seems that bond yields are finally responding to such pressures. A consensus is forming that a strengthening global economy will cause central banks to raise interest rates, and this resulted in US treasury yields breaching 5% this week for the first time since 2002.
posted by Paul  @ 11:00 AM 2 comments

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