Strong PMIs, Energy Sensitivity Likely Behind Latest Bond Selloff -- Market Talk
Dow Jones2026/09/28 05:080508 GMT - The latest leg of the bond selloff reflected stronger-than-expected September PMI prints, especially in the eurozone and the U.S., as well as sensitivity to energy headlines, J.P. Morgan strategists say in a note. Noise around potential U.S. diesel export restrictions added another layer of uncertainty, they say. The strategists recommend investors stay neutral on German bond duration near-term, "although we stress that intermediate yields remain compelling for long-term investors who can tolerate near-term volatility." (emese.bartha@wsj.com)
(END) Dow Jones Newswires
September 28, 2026 01:08 ET (05:08 GMT)
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