One Man’s Opinion: Do European Bond Yields Indicate A Shift In Growth Expectations?

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The big movements in global interest rates were really about changes in global expectations, particularly around longer term inflation expectations, which is partly related to the turnaround in oil prices and other developments such as shift in expectations for European growth and that’s impacting primarily longer-dated interest rates, said Jeff Rosenberg, chief investment strategist for fixed income at BlackRock. On …