Key global rates review

Bonds across globe were the best performer after US Federal Reserve chose to wait for further improvement in inflation and abroad before pulling the trigger in September meeting, however reverses some of the gains in October.

US

• US 2 year yield is trading at quite a high of 0.645%, up 1.9% so far today, up from recent low of 0.58%
• Similarly 5 year yield is up from 1.29% after NFP to 1.422% as of today. It has moved up by 1.9% so far today.
• 10 year yield is up +1.2% today so far, trading at 2.13%.

Germany 

German bonds are considered as European benchmark.

• German 2 year yield has risen from below -0.27% to -0.246% as of today, up +0.81% today.
• German 10 year yield rose from 0.51% post NFP to 0.62% as of today, up almost 5% today.

UK 

• UK 2 year yields are up from 0.535% post NFP to 0.61% as of today.
• UK 5 year yield has risen from 1.125% to current 1.245% for the same period as above.
• UK 10 year yield is up 2.7%, trading at 1.864%.