Euro zone bond yields stabilized after a recent dip. A US-Iran deal to reopen the Strait of Hormuz is easing energy supply concerns. This development is reducing inflation worries and slowing growth fears. Expectations for further interest rate hikes by major central banks, including the European Central Bank, have been trimmed. Investors are now anticipating fewer rate increases this year.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets