SaxoTV

The 'tantrum' in bunds and what it means for EUR trading

688 views
May 12, 2015 bonds, bonds fx, bonds market, bunds, bunds fx, business, content, converter, currency, dollar, ecb, economy, eur, euro, euro dollar, euro levels, europe, europe economy, european central bank, eurozone, eurusd, fed, fed rates, federal reserve, fi, finance, finance news, fixed, fixed income, fixed income bonds, fixed income portfolio, fomc, foreign exchange, forex, forex trading, fx, fx markets, fx trading, germany, greece, greece crisis, greece euro, inflation, levels, news, nick beecroft, nonfarm, nonfarmpayrolls, nonfarms, owen thomas, qe, quantitative easing, rates, rising dollar, saxo capital markets, saxo tv, tantrum, trading, tradingfloor.com, tv, tv news, usdeur, yields, yields euro
What does a recent rise in bonds yields mean for FX traders? Nick Beecroft, the Chairman of Saxo Capital Markets, likens the volatility in the German bund market to a 'tantrum'. Forex.com's Kathleen Brooks says it's had a huge effect on trading and has caught many people by surprise. 
Rising inflation expectations and subsequently higher yields have in part been driving the rise in EURUSD in recent days. However, Brooks says we musn't forget that yields are still historically incredibly low. And Beecroft points to events in Greece that could make EUR sentiment particularly bearish.