CE markets face sell-off with global bond markets
CNB’s governor optimistic about the Czech economy
Yesterday, regional currencies including the Czech koruna and government bonds weakened across the board. Recall that Hungarian and Polish bond yields were higher by around 15 bps during a day. The main reason was probably sell-off on global bond markets – the 10-year German bund yield has moved 10 bps up from the beginning of the week.
Read the full report: FX Daily